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Title
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Formal and informal job search
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Author
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Abstract
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| I develop a model where workers decide how hard to look for a job via formal and informal search channels. The intensity of formal search determines an individuals arrival rate of offers. The strength of investment in informal search translates into a job contact network in which job offers are transmitted. There are two equilibria, one with high formal search and one with high informal search. The former Pareto dominates the latter. |
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Language
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English
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Source (journal)
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Economics letters. - Amsterdam
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Publication
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Amsterdam
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2014
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ISSN
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0165-1765
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DOI
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10.1016/J.ECONLET.2014.10.008
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Volume/pages
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125
:3
(2014)
, p. 350-352
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ISI
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000347604000006
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Full text (Publisher's DOI)
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