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