Job Security and Job Search in More Than One Labor Market

Bruce Fallick

Economic Inquiry, 1992, vol. 30, issue 4, 742-45

Abstract: The author analyzes job search behavior of unemployed workers who may search for work in several sectors of the economy. Although reservation wages are equal in each sector, workers search more intensively in sectors with lower layoff rates. Thus workers more quickly find and accept jobs with more security. Copyright 1992 by Oxford University Press.

Date: 1992
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