The Life-Cycle Profile of Time Spent on Job Search
利用时间利用调查数据,发现美国失业者的求职时间随年龄呈倒U形,中年失业者的求职时间约为最年轻失业者的三倍,且这一模式在不同人口群体中相对稳定,但在非美国国家呈下降趋势。
Using time use survey data we document a hump-shaped profile of job search time in the United States across the life-cycle. The middle-aged unemployed spend roughly three times as much time in job search as the youngest group of unemployed. The hump-shaped profile of job search time is relatively stable across demographic groups. However, the profile of job search time appears to be declining in non-US countries. We discuss how standard life-cycle models with incomplete markets have difficulty in accounting for the hump-shaped profile found in the US data.