Underemployment, on-the-job search, and the Beveridge curve
Research output: Contribution to journal › Journal article › Research › peer-review
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
Original language | English |
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Journal | Economics Letters |
Volume | 91 |
Issue number | 2 |
Pages (from-to) | 167-172 |
ISSN | 0165-1765 |
DOIs | |
Publication status | Published - 2006 |
- Faculty of Social Sciences - on-the-job search, Nash bargaining
Research areas
ID: 313961