Job Search in a Dynamic Environment--An Empirical Analysis
Wiji Narendranathan
Authors registered in the RePEc Author Service: Wiji Arulampalam
Oxford Economic Papers, 1993, vol. 45, issue 1, 1-22
Abstract:
A dynamic job search model which allows us to distinguish various effects, such as 'offer' probability effects and leisure effects, on an individual's behavior is presented and estimated. We find that: (1) there is disutility from being unemployed, especially after the first three months of unemployment; (2) income receipts other than unemployment benefits and earnings have only a very small effect on the behavior; (3) the conditional probability of leaving unemployment shows no sign of decreasing with duration; (4) the elasticity of expected duration with respect to unemployment benefits in the first three months of the spell is 0.18 for teenage men, 0.13-0.14 for men aged 20-44, 0.08 for men aged 45-54, and 0.06 for men over 55, giving an overall average of 0.12; and (5) these elasticities are zero after the first three months of the spell. Copyright 1993 by Royal Economic Society.
Date: 1993
References: Add references at CitEc
Citations: View citations in EconPapers (9)
Downloads: (external link)
http://links.jstor.org/sici?sici=0030-7653%2819930 ... 0.CO%3B2-Z&origin=bc full text (application/pdf)
Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.
Related works:
Working Paper: JOB SEARCH IN A DYNAMIC ENVIRONMENT AN EMPIRICAL ANALYSIS (1989)
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:oup:oxecpp:v:45:y:1993:i:1:p:1-22
Ordering information: This journal article can be ordered from
https://academic.oup.com/journals
Access Statistics for this article
Oxford Economic Papers is currently edited by James Forder and Francis J. Teal
More articles in Oxford Economic Papers from Oxford University Press Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().