Systematic and Random Search A Synthesis

Lawrence Kahn and Stuart A. Low

Journal of Human Resources, 1988, vol. 23, issue 1, 1-20

Abstract: This paper synthesizes two models of search in the labor market: systematic and random. We construct and test a theoretical model in which the searcher is endowed with information on some (possibly zero or all) individual firms in the labor market, as well as the overall wage offer distribution. We test the model using a special wave of the 1976 Current Population Survey. The major theoretical results of our model are as follows: searchers with lower stocks of knowledge (about individual firms), higher discount rates, or having lower coverage by unemployment insurance are more likely to engage in random search activities.

Date: 1988
References: Add references at CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://www.jstor.org/stable/pdfplus/145841
A subscription is required to access pdf files. Pay per article is available.

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:uwp:jhriss:v:23:y:1988:i:1:p:1-20

Access Statistics for this article

More articles in Journal of Human Resources from University of Wisconsin Press
Bibliographic data for series maintained by ().