Search costs and the quit rate

Dong Heon Kim

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

Search costs and the quit rate

Dong Heon Kim^*

^*Corresponding author for this work

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

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10.1016/0165-1765(94)00623-A

Cite this

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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",

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year = "1995",

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

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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 - https://www.scopus.com/pages/publications/58149209562

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

M3 - Article

AN - SCOPUS:58149209562

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VL - 49

SP - 85

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JO - Economics Letters

JF - Economics Letters

IS - 1

ER -

Search costs and the quit rate

Abstract

Keywords

ASJC Scopus subject areas

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