The Diverging Effects of the Business Cycle on the Expected Duration of Job-Search
AbstractWhere rigid wages prevent labor-market clearing, employers become more choosy and job-seekers accept lower-ranked jobs in cyclical downturns. Thus, the duration of job-search of highly-qualified job-seekers should be less cyclically sensitive than for low-skilled job-seekers and, controlling for personal characteristics, job-seekers will find lower-ranked jobs during the downturn. These predictions are tested for the Netherlands, 1982-85. Individual transition rates from job-search to employment are estimated. Employment is classified by occupation to distinguish job ranks. Transition rates by occupation are estimated. Copyright 1993 by Royal Economic Society.
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Bibliographic InfoArticle provided by Oxford University Press in its journal Oxford Economic Papers.
Volume (Year): 45 (1993)
Issue (Month): 3 (July)
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Other versions of this item:
- Teulings, C.N., 1991. "The Diverging Effects of the Business Cycle on the Expected Duration of Job Research," Papers, Tilburg - Center for Economic Research 9106, Tilburg - Center for Economic Research.
- Teulings, C., 1991. "The diverging effects of the business cycle on the expected duration of job search," Discussion Paper, Tilburg University, Center for Economic Research 1991-6, Tilburg University, Center for Economic Research.
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- Knut Roed & Tao Zhang, 2003. "Does Unemployment Compensation Affect Unemployment Duration?," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 113(484), pages 190-206, January.
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