Does search boost efficiency?

Ge, Teng

Abstract

Poaching externality, arising from job-to-job turnovers, implies that a planner should allocate fewer resources to costly job creations. However, these search efforts increase competition among employers, and this could in turn internalize the externality, whereas the congestion externality requires a unit-elastic matching function.

Citation

Ge, T. (2015). Does search boost efficiency?. Economics letters, 130, 72-74. https://doi.org/10.1016/j.econlet.2015.03.006

• Journal Article Type: Article
• Acceptance Date: Mar 5, 2015
• Online Publication Date: Mar 12, 2015
• Publication Date: 2015-05
• Deposit Date: May 28, 2015
• Publicly Available Date: May 28, 2015
• Journal: Economics letters
• Print ISSN: 0165-1765
• Publisher: Elsevier
• Peer Reviewed: Peer Reviewed
• Volume: 130
• Pages: 72-74
• DOI: https://doi.org/10.1016/j.econlet.2015.03.006
• Keywords: Search; Wage setting; Externality
• Public URL: https://hull-repository.worktribe.com/output/374492
• Publisher URL: http://www.sciencedirect.com/science/article/pii/S0165176515000993
• Additional Information: Authors' accepted manuscript of article published in: Economics letters, 2015, v.130 at http://www.sciencedirect.com/science/article/pii/S0165176515000993
• Contract Date: May 28, 2015