Underemployment, on-the-job search, and the Beveridge curve
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Underemployment, on-the-job search, and the Beveridge curve. / Kennes, John.
I: Economics Letters, Bind 91, Nr. 2, 2006, s. 167-172.Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt
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TY - JOUR
T1 - Underemployment, on-the-job search, and the Beveridge curve
AU - Kennes, John
N1 - JEL Classification: J64, J63, E32
PY - 2006
Y1 - 2006
N2 - This paper derives the implications of on-the-job search for unemployment dynamics and shows how the initial jump in market tightness is influenced by the search behaviour of employed workers. The model predicts that the vacancy : unemployment ratio can either overshoot or undershoot its steady state value in response to a change in the productivity of jobs
AB - This paper derives the implications of on-the-job search for unemployment dynamics and shows how the initial jump in market tightness is influenced by the search behaviour of employed workers. The model predicts that the vacancy : unemployment ratio can either overshoot or undershoot its steady state value in response to a change in the productivity of jobs
KW - Faculty of Social Sciences
KW - on-the-job search
KW - Nash bargaining
U2 - 10.1016/j.econlet.2005.09.007
DO - 10.1016/j.econlet.2005.09.007
M3 - Journal article
VL - 91
SP - 167
EP - 172
JO - Economics Letters
JF - Economics Letters
SN - 0165-1765
IS - 2
ER -
ID: 313961