This article uses a two-industry model of unemployment duration and job search to estimate rates of transition of displaced workers from unemployment to employment, distinguishing between employment in a worker's previous industry and in other industries. The competing-risks model allows inferences about search strategies to be drawn from data concerning employment outcomes and allows tests of some fundamental implications of search theory. There is evidence that improvements in the prospects for employment in their previous industry induce displaced workers to reduce search intensity or increase reservation wages in other industries. Copyright 1993 by University of Chicago Press.
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Volume (Year): 11 (1993) Issue (Month): 2 (April) Pages: 302-23 Download reference. The following formats are available: HTML
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Handle: RePEc:ucp:jlabec:v:11:y:1993:i:2:p:302-23
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Linda Leighton & Jacob Mincer, 1982.
"Labor Turnover and Youth Unemployment,"
NBER Chapters,
in: The Youth Labor Market Problem: Its Nature, Causes, and Consequences, pages 235-276
National Bureau of Economic Research, Inc.
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