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Relative Efficiencies and Comparative Advantages in Job Search

  • Belzil, Christian

A model of employed and unemployed job search is estimated from a panel of new entrants into the labor force as well as prime-age workers. After investigating the relative efficiency of the two main search methods within a representative agent framework, the author estimates the model under a specification that encompasses comparative advantages using the quit/layoff distinction and pretransition earnings. Overall, the data indicate that unemployed search is slightly more effective for younger workers and, particularly, for those with low earnings but significantly less effective than employed search for mature workers. Copyright 1996 by University of Chicago Press.

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File URL: http://dx.doi.org/10.1086/209807
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Article provided by University of Chicago Press in its journal Journal of Labor Economics.

Volume (Year): 14 (1996)
Issue (Month): 1 (January)
Pages: 154-73

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Handle: RePEc:ucp:jlabec:v:14:y:1996:i:1:p:154-73
Contact details of provider: Web page: http://www.journals.uchicago.edu/JOLE/

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  1. KIEFER, Nicholas M. & NEUMANN, George R., . "An empirical job-search model, with a test of the constant reservation-wage hypothesis," CORE Discussion Papers RP 358, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
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  12. Burgess, Paul L & Low, Stuart A, 1992. "Preunemployment Job Search and Advance Job Loss Notice," Journal of Labor Economics, University of Chicago Press, vol. 10(3), pages 258-87, July.
  13. Gottschalk, Peter & Maloney, Tim, 1985. "Involuntary Terminations, Unemployment, and Job Matching: A Test of Job Search Theory," Journal of Labor Economics, University of Chicago Press, vol. 3(2), pages 109-23, April.
  14. James J. Heckman & Christopher J. Flinn, 1982. "New Methods for Analyzing Structural Models of Labor Force Dynamics," NBER Working Papers 0856, National Bureau of Economic Research, Inc.
  15. Jovanovic, Boyan, 1979. "Job Matching and the Theory of Turnover," Journal of Political Economy, University of Chicago Press, vol. 87(5), pages 972-90, October.
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  20. Pissarides, Christopher A. & Wadsworth, Jonathan, 1994. "On-the-job search: Some empirical evidence from Britain," European Economic Review, Elsevier, vol. 38(2), pages 385-401, February.
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  24. Harry J. Holzer, 1987. "Job Search by Employed and Unemployed Youth," ILR Review, Cornell University, ILR School, vol. 40(4), pages 601-611, July.
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