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 InfoPaper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number 1991-6.
Date of creation: 1991
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Web page: http://center.uvt.nl
Other versions of this item:
- Teulings, Coen N, 1993. "The Diverging Effects of the Business Cycle on the Expected Duration of Job-Search," Oxford Economic Papers, Oxford University Press, vol. 45(3), pages 482-500, July.
- Teulings, C.N., 1991. "The Diverging Effects of the Business Cycle on the Expected Duration of Job Research," Papers 9106, Tilburg - Center for Economic Research.
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- Knut Roed & Tao Zhang, 2003. "Does Unemployment Compensation Affect Unemployment Duration?," Economic Journal, Royal Economic Society, vol. 113(484), pages 190-206, January.
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