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The Informational Value of Job Search Data and the Dynamics of Search Behaviour: Evidence from Hungary

John Micklewright () and Gyula Nagy ()
Additional contact information
Gyula Nagy: Department of Human Resources, Budapest University of Economics

No 9901, Budapest Working Papers on the Labour Market from Institute of Economics, Centre for Economic and Regional Studies

Abstract: Labour market analysis places much emphasis on the concept of search. But there is insufficient empirical information on (a) the relationship between reported search and job-finding and (b) how search behaviour changes over a spell without work. We investigate these issues using a sample constructed from Hungarian labour force survey panel data of the flow from jobs to the state of "joblessness". The results on job exits call into question aspects of the standard international classification of "unemployment" and "out of the labour force". Transitions during joblessness in and out of search and the various categories of non-search are found to be only modest.

Date: 1999-03
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