Abstract:
There has been a surge in the number of employed people looking for another job in Britain in the last twenty years. In this paper we present the first time series analysis of on-the-job search. Vacancies are a significant explanatory variable in equation but unemployment is not. We interpret this as evidence that the unemployed do not effectively compete with employed job searchers in the labour market.
Keywords:UNEMPLOYMENT; TIME SERIES (search for similar items in EconPapers) JEL-codes:J64 (search for similar items in EconPapers) Date: 1998
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