Arbeitspapier
Search capital
We construct a simple equilibrium search model in which workers accumulate information about previously met employment contacts. We term the latter search capital. Here search capital (partially) insures workers against adverse shocks. The model provides a theory of job-to-job transitions that are associated with voluntary or involuntary mobility and with wage rises or wage cuts. It also shows why low wage and younger workers are associated with a higher probability of becoming unemployed.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 3741
- Klassifikation
-
Wirtschaft
Job, Occupational, and Intergenerational Mobility; Promotion
Labor Turnover; Vacancies; Layoffs
Unemployment: Models, Duration, Incidence, and Job Search
- Thema
-
search capital
turnover
wage cuts
Arbeitsuche
Arbeitsmobilität
Informationsverhalten
Lohnstruktur
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Carrillo-Tudela, Carlos
Smith, Eric
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2012
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Carrillo-Tudela, Carlos
- Smith, Eric
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2012
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