State Employment Agencies and Labour Market Efficiency

Nick Adnett ()

Cambridge Journal of Economics, 1987, vol. 11, issue 3, pages 183-96

Abstract: Responding to recent reduced expenditure on state employment agencies, this paper reexamines their economic rationale. Current search theory is inappropriate for analyzing the behavior of most job searchers and evidence is presented which indicates the importance o f the extended internal labor market in the job-matching process. Sel f-directed search will be ineffective for those with poor access to t hese informal hiring channels. The case is then developed for the req uirement that employers register vacancies with the employment agency. Empirical support for this is provided by a study of the operation of the British labor market in the 1950s. Copyright 1987 by Oxford University Press.

Date: 1987
View citations in EconPapers

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Ordering information: This journal article can be ordered from
http://www.oup.co.uk/journals

Access Statistics for this article

Cambridge Journal of Economics is edited by Katharine Norman

More articles in Cambridge Journal of Economics from Oxford University Press
Address: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK
Series data maintained by Christopher F. Baum ().