Zapechelnyuk, Andriy; Zultan, Ro'i - 2012
search costs play a positive role, whose effect may outweigh the negative implications. As workers are provided incentives to … exert effort by the threat of losing their job and having to search for a new vacancy, a reduction in job search costs leads … stay out of the labor market, resulting in lower employment and decreased welfare. Eventually, a reduction of jobs search …