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:
J64
E24
Online Access: Fulltext
Database: Social Sciences Citation Index
Web of Knowledge
Web of Science
Web of Science - Social Sciences Citation Index - 2001
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