Specific human capital and wait unemployment
A displaced worker might rationally prefer to wait through a long spell of unemployment instead of seeking employment at a lower wage in a job he is not trained for. I evaluate this trade-off using micro data on displaced workers. To achieve identification, I exploit the fact that the more a worker...
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Volume: | 37 |
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Main Author: | Herz, Benedikt |
Format: | Journal Article |
Language: | English |
Place of publication: |
CHICAGO The University of Chicago Press 2019 UNIV CHICAGO PRESS |
published in: | Journal of labor economics Vol. 37; no. 2; pp. 467 - 508 |
Data of publication: | 2019 |
ISSN: |
0734-306X 1537-5307 |
EISSN: |
1537-5307 |
Discipline: | Economics |
Subjects: | |
Online Access: | available in Bonn? |
Database: | FIS Bildung Literaturdatenbank Social Sciences Citation Index Web of Knowledge Web of Science - Social Sciences Citation Index – 2019 Web of Science CrossRef Database information Databases - DBIS |