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Our paper studies the causes of poverty from the perspective of job search. We show that poor people remain poor because they have less time and initial endowment to search for a better job. Initial endowment is key to successful job search, as one can afford not to work and search longer for a...
Persistent link: https://www.econbiz.de/10011572271
Persistent link: https://www.econbiz.de/10009305967
Our paper studies the causes of poverty from the perspective of job search. We show that poor people remain poor because they have less time and initial endowment to search for a better job. Initial endowment is key to successful job search, as one can afford not to work and search longer for a...
Persistent link: https://www.econbiz.de/10011572991