The Job Search Behavior of Employed Youth
分析在职青年的求职策略,包括在职不搜索、在职搜索和辞职搜索三种模式,并基于青年追踪调查数据验证了最优搜索策略模型。
An employed worker's search strategies include (1) employed-not searching, (2) employed-searching, and (3) unemployed-searching. The last requires that the worker quit to search. Under plausible assumptions on search costs, the optimal algorithm involves a dual reservation wage strategy (Burdett, 1978). The probability of on-the-job search increases as the current wage decreases relative to the distribution of alternative wages. If the wage is sufficiently low, the searcher quits to search, substituting time for financial outlays. Estimates based on the National Longitudinal Survey of Youth indicate that these calculations characterize the search strategies of young workers. Copyright 1991 by MIT Press.