Gautier, Pieter A.; Svarer, Michael; Teulings, Coen N. - School of Economics and Management, University of Aarhus - 2007
. This correlation can be explained by both a causal and a sorting effect. We disentangle them by using the timing … zero if they do not search. The cost of “searching on the job” are equal to K. Pi
and Si are chosen in equilibrium … marriage and let SB and SG be indicator
variables which equal one when agents search in respectively good and bad marriages
and …