Search costs and the quit rate

Dong Heon Kim

doi:10.1016/0165-1765(94)00623-A

Search costs and the quit rate

Research output: Contribution to journal › Article › peer-review

Abstract

In a simple model of job search with belated information, we show that an increase in search costs decreases the expected probability of a quit, if the wage offer distribution possesses a monotonically increasing hazard rate property. The model is then applied to a marital search.

Original language	English
Pages (from-to)	85-90
Number of pages	6
Journal	Economics Letters
Volume	49
Issue number	1
DOIs	https://doi.org/10.1016/0165-1765(94)00623-A
Publication status	Published - 1995 Jul
Externally published	Yes

Keywords

Hazard function
Quit rate
Search costs
Wage offer distribution

ASJC Scopus subject areas

Finance
Economics and Econometrics

Access to Document

10.1016/0165-1765(94)00623-A

Cite this

@article{a9b26d95757e4b43b7ebb6f0f2f12da5,

title = "Search costs and the quit rate",

abstract = "In a simple model of job search with belated information, we show that an increase in search costs decreases the expected probability of a quit, if the wage offer distribution possesses a monotonically increasing hazard rate property. The model is then applied to a marital search.",

keywords = "Hazard function, Quit rate, Search costs, Wage offer distribution",

author = "Kim, {Dong Heon}",

year = "1995",

month = jul,

doi = "10.1016/0165-1765(94)00623-A",

language = "English",

volume = "49",

pages = "85--90",

journal = "Economics Letters",

issn = "0165-1765",

publisher = "Elsevier",

number = "1",

}

TY - JOUR

T1 - Search costs and the quit rate

AU - Kim, Dong Heon

PY - 1995/7

Y1 - 1995/7

N2 - In a simple model of job search with belated information, we show that an increase in search costs decreases the expected probability of a quit, if the wage offer distribution possesses a monotonically increasing hazard rate property. The model is then applied to a marital search.

AB - In a simple model of job search with belated information, we show that an increase in search costs decreases the expected probability of a quit, if the wage offer distribution possesses a monotonically increasing hazard rate property. The model is then applied to a marital search.

KW - Hazard function

KW - Quit rate

KW - Search costs

KW - Wage offer distribution

UR - http://www.scopus.com/inward/record.url?scp=58149209562&partnerID=8YFLogxK

U2 - 10.1016/0165-1765(94)00623-A

DO - 10.1016/0165-1765(94)00623-A

M3 - Article

AN - SCOPUS:58149209562

SN - 0165-1765

VL - 49

SP - 85

EP - 90

JO - Economics Letters

JF - Economics Letters

IS - 1

ER -

Search costs and the quit rate

Abstract

Keywords

ASJC Scopus subject areas

Access to Document

Other files and links

Fingerprint

Cite this