Title of article :
Can skill decay increase search effort?
Author/Authors :
Olivier Charlot، نويسنده , , Bruno Decreuse، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2001
Abstract :
We consider the search behaviour of a worker whose expected matching gains are assumed to be decreasing over the spell of unemployment. The search effort is linked positively to future earnings and negatively to the reservation wage. This may give rise to non-monotonous hazard rates
Keywords :
Job search , Long-term unemployment , Nonstationarity , Skill decay
Journal title :
Economics Letters
Journal title :
Economics Letters