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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Bibliographic details
Volume: 37
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:
USA
Online Access: available in Bonn?
Database: FIS Bildung Literaturdatenbank
Social Sciences Citation Index
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Web of Science - Social Sciences Citation Index – 2019
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