The Diverging Effects of the Business Cycle on the Expected Duration of Job Research
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 - Center for Economic Research in its series Papers with number 9106.
Length: 29 pages
Date of creation: 1991
Date of revision:
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Postal: TILBURG UNIVERSITY, CENTER FOR ECONOMIC RESEARCH, 5000 LE TILBURG THE NETHERLANDS.
Phone: 31 13 4663050
Fax: 31 13 4663066
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wages ; labour market ; qualifications ; economic models;
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., 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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