Job Search in a Dynamic Environment--An Empirical Analysis.

C-Tier
Journal: Oxford Economic Papers
Year: 1993
Volume: 45
Issue: 1
Pages: 1-22

Authors (1)

Narendranathan, Wiji (not in RePEc)

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

A dynamic job search model which allows us to distinguish various effects, such as 'offer' probability effects and leisure effects, on an individual's behavior is presented and estimated. We find that: (1) there is disutility from being unemployed, especially after the first three months of unemployment; (2) income receipts other than unemployment benefits and earnings have only a very small effect on the behavior; (3) the conditional probability of leaving unemployment shows no sign of decreasing with duration; (4) the elasticity of expected duration with respect to unemployment benefits in the first three months of the spell is 0.18 for teenage men, 0.13-0.14 for men aged 20-44, 0.08 for men aged 45-54, and 0.06 for men over 55, giving an overall average of 0.12; and (5) these elasticities are zero after the first three months of the spell. Copyright 1993 by Royal Economic Society.

Technical Details

RePEc Handle
repec:oup:oxecpp:v:45:y:1993:i:1:p:1-22
Journal Field
General
Author Count
1
Added to Database
2026-01-24