Directed search with multiple job applications
نویسندگان
چکیده
منابع مشابه
Explorer Directed search with multiple job applications
We develop an equilibrium directed search model of the labor market where workers can simultaneously apply for multiple jobs. Our main theoretical contribution is to integrate the portfolio choice problem faced by workers into an equilibrium framework. All equilibria of our model exhibit wage dispersion. Consistent with stylized facts, the density of wages is decreasing and higher wage firms re...
متن کاملDirected search with multiple job applications
We develop an equilibrium directed search model of the labor market where workers can simultaneously apply for multiple jobs. Our main theoretical contribution is to integrate the portfolio choice problem faced by workers into an equilibrium framework. All equilibria of our model exhibit wage dispersion. Consistent with stylized facts, the density of wages is decreasing and higher wage firms re...
متن کاملEquilibrium Directed Search with Multiple Applications
In this paper, we construct an equilibrium model of directed search in a large labor market in which unemployed workers make multiple job applications. Speci cally, we consider a matching process in which job seekers, observing the wages posted at all vacancies, send their applications to the vacancies that they nd most attractive. At the same time, each vacancy, when it chooses its wage posti...
متن کاملDirected search and job rotation
We consider the impact of job rotation in a directed search model in which rm sizes are endogenously determined and match quality is initially unknown. A large rm bene ts from the opportunity of rotating workers so as to partially overcome loss of mismatch. As a result, in the unique symmetric equilibrium, large rms have higher labor productivity and lower separation rates. In contrast to th...
متن کاملRunning head: JOB SEARCH AS GOAL-DIRECTED BEHAVIOR Job Search as Goal-Directed Behavior: Objectives and Methods
This study investigated the relationship between job search objectives (finding a new job/turnover, staying aware of job alternatives, developing a professional network, and obtaining leverage against an employer) and job search methods (looking at job ads, visiting job sites, networking, contacting employment agencies, contacting employers, and submitting applications). In a sample of 205 empl...
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ژورنال
عنوان ژورنال: Journal of Economic Theory
سال: 2009
ISSN: 0022-0531
DOI: 10.1016/j.jet.2008.06.007