Employed and Unemployed Job Search: A Comparison of Choices and Outcomes among Youth / Harry J. Holzer.

Format:

Book

Author/Creator:

Holzer, Harry J.

Contributor:

National Bureau of Economic Research.

Series:

Working Paper Series (National Bureau of Economic Research) no. w1861.

NBER working paper series no. w1861

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Other Title:

Employed and Unemployed Job Search

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 1986.

Summary:

This paper presents evidence that young unemployed job seekers choose higher levels of search effort (as measured by numbers of methods used and time spent per method) and lower relative reservation wages than do comparable employed seekers. The unemployed also have higher probabilities of gaining new employment, which reflect higher probabilities of receiving offers and especially higher probabilities of accepting them; as well as slightly lower wages.These differences in outcomes between the two groups are at least partly explained by differences in their respective search choices.The evidence thus suggests that unemployed job seekers have higher costs of search (from foregone earnings) than do the employed, causing the former to seek new jobs more eagerly.

Notes:

Print version record

March 1986.