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Standard job search theory assumes that unemployed individuals have perfect information about the effect of their search effort on the job offer arrival rate. In this paper, we present an alternative model which assumes instead that each individual has a subjective belief about the impact of his...
Persistent link: https://www.econbiz.de/10013133903
This paper provides evidence on the behavior of reservation wages over the spell of unemployment using high‐frequency longitudinal data. Using data from our survey of unemployed workers in New Jersey, where workers were interviewed each week for up to 24 weeks, we find that self‐reported...
Persistent link: https://www.econbiz.de/10013058313
involves conditioning elapsed duration on completed unemployment duration in the reservation wage equation. Our analysis … confirms that the use of elapsed duration alone compounds two separate and opposing influences. Only with the inclusion of … completed duration is the negative effect of continued joblessness on reservation wages apparent. For its part, the completed …
Persistent link: https://www.econbiz.de/10013139949
In this paper we analyze the relationship between social networks and the job search behavior of unemployed individuals. It is believed that networks convey useful information in the job search process such that individuals with larger networks should experience a higher productivity of informal...
Persistent link: https://www.econbiz.de/10013138467
This paper presents findings from a survey of 6,025 unemployed workers who were interviewed every week for up to 24 weeks in the fall of 2009 and spring of 2010. Our main findings are: (1) the amount of time devoted to job search declines sharply over the spell of unemployment; (2) the...
Persistent link: https://www.econbiz.de/10013130795
We analyse a unique data set that combines reservation wage and actually paid wage for a large sample of Dutch recent higher education graduates. On average, accepted wages are almost 8% higher than reservation wages, but there is no fixed proportionality. We find that the difference between...
Persistent link: https://www.econbiz.de/10013131168
unemployment duration and probability of long term unemployment decrease. These effects are the largest when the program intensity …
Persistent link: https://www.econbiz.de/10013074205
sanctions on the unemployment duration and the quality of job matches, in conjunction with the possibility to report sick. We … estimate multi-spell duration models with selection on unobserved characteristics.We find that a vacancy referral increases the …
Persistent link: https://www.econbiz.de/10013001341
individuals. Standard search theory predicts that an increase in UI benefit generosity, either in terms of benefit duration or … entitlement, has a negative impact on the job search activities of the unemployed increasing their unemployment duration. Despite … the disincentive effect of UI on unemployment duration, UI benefit generosity may also increase job match quality by …
Persistent link: https://www.econbiz.de/10013149513
This paper analyses data from a large-scale field experiment where unemployed workers were randomly assigned to an additional caseworker meeting with the purpose to impose a broader job search strategy. We find that the meeting significantly increases job finding and is cost effective. However,...
Persistent link: https://www.econbiz.de/10014242326