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Title: Search Costs and the Duration of Unemployment
Resulting in 1 citation.
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Mellow, Wesley |
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Search Costs and the Duration of Unemployment Economic Inquiry 16,3 (July 1978): 423-430. Also: http://onlinelibrary.wiley.com/doi/10.1111/j.1465-7295.1978.tb00512.x/pdf Cohort(s): Older Men Publisher: Western Economic Association International Keyword(s): Job Search; Unemployment Duration; Wages, Reservation This study attempts to test the hypothesis that low search costs increase the duration of unemployment. Findings show that job changers identified as having low search costs have longer subsequent duration of unemployment. In addition, the authors examined the determinants of wage change and found that unemployed time is productive search. The results support two basic contentions of search theory and suggest that worker-specific differences in search costs contribute to the dispersion of wages among workers. |
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Bibliography Citation
Mellow, Wesley. "Search Costs and the Duration of Unemployment." Economic Inquiry 16,3 (July 1978): 423-430.
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