Search Results
Title: The Wage Impacts of Job Search
Resulting in 1 citation.
| 1. |
Kahn, Lawrence M. Low, Stuart A. |
|
The Wage Impacts of Job Search Industrial Relations: A Journal of Economy and Society 21,1 (January 1982): 53-61. Also: http://onlinelibrary.wiley.com/doi/10.1111/j.1468-232X.1982.tb00214.x/abstract Cohort(s): Young Men Publisher: Institute of Industrial Relations, University of California, Berkeley Keyword(s): Endogeneity; Job Search; Quits; Wages Permission to reprint the abstract has not been received from the publisher. This research, unlike studies of the return to quitting, accounts for search that does and search that does not lead to job change. More importantly, unlike all previous studies of the return to quitting (except Blau and Kahn, 1981), and unlike Black (1980), this study controls for the endogeneity of the search decision in estimating its wage effects. It is found that when the endogeneity of the search decision is taken into account, search does yield a greater expected wage offer than would have been obtained in the absence of search. The importance of controlling for selectivity bias (between searchers and nonsearchers) is underscored by the negative estimated effect of search using single equation methods. In addition, several of the single equation quit studies (Bartel and Borjas, 1977; Cooke, 1979, 1980; Black, 1980) found negative returns to quitting (and Black's results for the wage effects of search also sometimes indicated a negative return). Although there may also be nonpecuniary or long run wage returns to searching, selectivity bias corrected results suggest that there is an immediate wage payoff to search activity. |
|
|
Bibliography Citation
Kahn, Lawrence M. and Stuart A. Low. "The Wage Impacts of Job Search." Industrial Relations: A Journal of Economy and Society 21,1 (January 1982): 53-61.
|