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Job search theory, labour supply and unemployment duration
(Elsevier Science, 1997-08)
This paper presents a structural model of sequential job search, in which the individual decision makers incorporate labour supply in the job acceptance decision. The model satisfies the reservation wage property. Given ...
Business cycles and compositional variation in U.S. unemployment
(Vrije Universiteit Amsterdam, 1997)
In the past decades several features of U.S. unemployment dynamics have been investigated empirically. The original focus of research was onthe duration of unemployment. In later studies the cyclicality of incidence and ...