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Choosy Search And The Mismatch Of Talents Author info | Abstract | Publisher info | Download info | Related research | Statistics Bruno Decreuse
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This article proposes a multi-sector matching model where workers have (symmetric) sector-specific skills and the search market is segmented by sector. Workers choose the range of markets they are willing to participate in. I identify a composition externality: Workers do not take into account the impact of their choice on sector-specific mean productivity among the pools of job-seekers. Consequently, workers prospect too many market segments, and there is room for public policy even when the so-called Hosios condition holds. Copyright © 2008 the Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.
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Article provided by Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association in its journal International Economic Review .
Volume (Year): 49 (2008)
Issue (Month): 3 (08)
Pages: 1067-1089
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Olivier Pierrard & Henri Sneessens, 2004.
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