Work Hour Mismatch and On-the-job Search

IDEC DP2 Series Volume 3 Issue 6 Page 1-29 published_at 2013-10
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Title ( eng )
Work Hour Mismatch and On-the-job Search
Creator
Source Title
IDEC DP2 Series
Volume 3
Issue 6
Start Page 1
End Page 29
Abstract
This paper explores an on-the-job search model with wage bargaining and mismatch. It considers two types of jobs and workers, and the instantaneous value of the job-worker match depends on their type. The most important assumption is that while the job type is …xed throughout its life, the worker type changes in accordance with a stochastic process. This paper shows that although the workers’turnover decision is privately efficient, this decision may be socially ine¢ cient because of the hold-up problem.
NDC
Social science [ 300 ]
Language
eng
Resource Type departmental bulletin paper
Publisher
広島大学大学院国際協力研究科
Date of Issued 2013-10
Publish Type Version of Record
Access Rights open access