Variable Search Intensity in an Economy with Coordination Unemployment

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KAAS, Leo, 2008. Variable Search Intensity in an Economy with Coordination Unemployment

@techreport{Kaas2008Varia-1816, series={IZA Discussion Papers}, title={Variable Search Intensity in an Economy with Coordination Unemployment}, year={2008}, doi={10.2202/1935-1690.2162}, number={3697 (2008)}, author={Kaas, Leo} }

<rdf:RDF xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:bibo="http://purl.org/ontology/bibo/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:dcterms="http://purl.org/dc/terms/" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" > <rdf:Description rdf:about="https://kops.uni-konstanz.de/rdf/resource/123456789/1816"> <dcterms:rights rdf:resource="http://nbn-resolving.org/urn:nbn:de:bsz:352-20140905103416863-3868037-7"/> <dc:rights>deposit-license</dc:rights> <dc:creator>Kaas, Leo</dc:creator> <dcterms:abstract xml:lang="eng">This paper analyzes an urn-ball matching model in which workers decide how intensively they sample job openings and apply at a stochastic number of suitable vacancies. Equilibrium is not constrained efficient; entry is excessive and search intensity can be too high or too low. Moreover, an inefficient discouraged-worker effect among homogenous workers emerges under adverse labor market conditions. Unlike existing coordination-friction economies with fixed search intensity, the model can account for the empirical relation between the job-finding rate and the vacancy-unemployment ratio, provided that search costs are small and that search intensity is sufficiently procyclical.</dcterms:abstract> <dc:language>eng</dc:language> <bibo:uri rdf:resource="http://kops.uni-konstanz.de/handle/123456789/1816"/> <dc:contributor>Kaas, Leo</dc:contributor> <dc:date rdf:datatype="http://www.w3.org/2001/XMLSchema#dateTime">2011-03-23T09:36:04Z</dc:date> <dcterms:issued>2008</dcterms:issued> <dcterms:title>Variable Search Intensity in an Economy with Coordination Unemployment</dcterms:title> <dcterms:available rdf:datatype="http://www.w3.org/2001/XMLSchema#dateTime">2011-03-23T09:36:04Z</dcterms:available> </rdf:Description> </rdf:RDF>

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