An Equilibrium Model of Search with Belated Information

Dong Heon Kim
Additional contact information
Dong Heon Kim: Korea Labor Education Institute

Korean Economic Review, 1995, vol. 11, issue 1, 87-102

Abstract: In this paper I develop a simple equilibrium model of search with belated information in which a nondegenerate wage offer distribution is endogenously determined. The main results of the model are that an increase in search costs leads to a decrease in the equilibrium unemployment rate and quit rates, if the hazard function of the productivity distribution is monotonically increasing.

Date: 1995
References: Add references at CitEc
Citations:

Downloads: (external link)
http://keapaper.kea.ne.kr/RePEc/kea/keappr/KER-199512-11-1-06.pdf (application/pdf)

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

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kea:keappr:ker-199512-11-1-06

Access Statistics for this article

Korean Economic Review is currently edited by Kyung Hwan Baik

More articles in Korean Economic Review from Korean Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by KEA ().