The Life-Cycle Profile of Time Spent on Job Search

Mark Aguiar, Erik Hurst and Loukas Karabarbounis

American Economic Review, 2013, vol. 103, issue 3, 111-16

Abstract: Using time use survey data we document a hump-shaped profile of job search time in the United States across the life-cycle. The middle-aged unemployed spend roughly three times as much time in job search as the youngest group of unemployed. The hump-shaped profile of job search time is relatively stable across demographic groups. However, the profile of job search time appears to be declining in non-US countries. We discuss how standard life-cycle models with incomplete markets have difficulty in accounting for the hump-shaped profile found in the US data.

JEL-codes: D12 D91 J22 J64 (search for similar items in EconPapers)
Date: 2013
Note: DOI: 10.1257/aer.103.3.111
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Citations: View citations in EconPapers (18)

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