On-the-Job Search and the Unemployment Outflow Rate Series. Theoretical Results

Andrés Fuentes Hutfilter

Economics Series Working Papers from University of Oxford, Department of Economics

Abstract: In a matching model of the labour market in which employers and job seekers have to engage in a costly serach process to create a match, we show that on-the-job search ceteris paribus reduces the unemployment outflow rate. We derive this result for two alternative assumptions as to the relative search effectiveness of on-the-job searchers aare perfectly substituable and second, that employers rank employed above unemplyed applicants.

Keywords: UNEMPLOYMENT (search for similar items in EconPapers)
JEL-codes: J64 (search for similar items in EconPapers)
Pages: 23 pages
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:oxf:wpaper:99199

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