Job Search Models, the Duration of Unemployment, and the Asking Wage: Some Empirical Evidence.

Barnes, William F.

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Peer reviewed

ERIC Number: EJ115565

Record Type: CIJE

Publication Date: 1975

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Job Search Models, the Duration of Unemployment, and the Asking Wage: Some Empirical Evidence

Barnes, William F.

Journal of Human Resources, 10, 2, 230-40, Spr 75

Three recent untested theoretical models of the wage setting behavior of the unemployed jobseeker by Gronau, Mortensen, and McCall are compared. The investigation supports McCall's model which indicates downward flexibility in the minimum asking wage resulting from learning during search and unemployment. (Author/MW)

Descriptors: Adjustment (to Environment), Behavior Change, Comparative Analysis, Job Applicants, Labor Demands, Labor Economics, Labor Market, Models, Unemployment, Wages

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