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Does search boost efficiency?

Ge, Teng


Teng Ge


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.


Ge, T. (2015). Does search boost efficiency?. Economics letters, 130, 72-74.

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
Keywords Search; Wage setting; Externality
Public URL
Publisher URL
Additional Information Authors' accepted manuscript of article published in: Economics letters, 2015, v.130 at


Article.pdf (249 Kb)

Copyright Statement
© 2015, Elsevier. Licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International

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