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Job Search and the Firm's Wage Offer Decisions: A Model of Null Offers

Martin Chalkley

The Warwick Economics Research Paper Series (TWERPS) from University of Warwick, Department of Economics

Abstract: In this paper a model of a profit maximising firm's responses to job search is developed. This model explains the determinants of a firm's wage offer and the probability that a firm will be found in a state where it is optimal to make no offer (i.e. a 'null' offer). Comparative statics results for the case of constant returns technology are calculated and the implications of the model for a market chatacterised by search are discussed.

Pages: 28 pages
Date: 1983
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https://warwick.ac.uk/fac/soc/economics/research/w ... 78-1988/twerp223.pdf

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Persistent link: https://EconPapers.repec.org/RePEc:wrk:warwec:223

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