Can skill decay increase search effort?

We consider the search behaviour of a worker whose expected matching gains are assumed to be decreasing over the spell of unemployment. The search effort is linked positively to future earnings and negatively to the reservation wage. This may give rise to non-monotonous hazard rates.

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Bibliographic details
Volume:	71
Main Author:	Charlot, Olivier Decreuse, Bruno
Format:	Journal Article
Language:	English
Place of publication:	LAUSANNE Elsevier B.V 2001 ELSEVIER SCIENCE SA Elsevier
published in:	Economics letters Vol. 71; no. 3; pp. 359 - 362
ORCID:	0000-0003-2245-2369
Data of publication:	2001
ISSN:	0165-1765 1873-7374
EISSN:	1873-7374
Discipline:	Economics
Series:	Economics Letters
Subjects:	Nonstationarity Job search Long-term unemployment Skill decay Economics Business & Economics Social Sciences Nonstationarity Job search Long-term unemployment J64 E24 Skill decay skill decay long-term unemployment UNEMPLOYMENT DYNAMICS job search nonstationarity DURATION
Online Access:	Fulltext
Database:	Social Sciences Citation Index Web of Knowledge Web of Science Web of Science - Social Sciences Citation Index - 2001 RePEc RePEc IDEAS CrossRef Database information Databases - DBIS