Search activities, cost of living and local labor markets
- 作者：Eleonora Patacchini and Yves Zenou
- 关键词：Job matching ; Search intensities ; Panel data
- 刊名：Regional Science and Urban Economics
- 出版年：2006
- 期刊代码：58_01660462
- 类别：eco
- 出版时间：March 2006
- 卷：36
- 期：2
- 页码：227-248
- 文件大小：319 K
摘要
A model is considered in which optimal search intensity is a result of a trade-off between short-run losses due to higher search costs (more interviews, commuting, etc.) and long-run gains due to a higher chance of finding a job. We show that this optimal search intensity is higher in areas characterized by larger cost of living and/or higher labor market tightness. This model is then tested for England on a panel of sub-regional data. Controlling for unobserved heterogeneity between areas and other endogeneity issues, both the local cost of living and the local labor market tightness are found to have a positive and significant effect on jobless average search intensity.