Abstract
A structural empirical job search model is presented that incorporates the labor supply decision of individuals. The arrival of a job offer is modeled as a random draw from a wage-hours offer distribution. Subjective information is used on desired working hours to identify optimal hours from offered hours. Policy simulations are performed to address several policy questions: Does a decrease in unemployment benefits lead to the acceptance of jobs with less preferred working hours? How does a decrease in the length of the standard working week affect the job acceptance behavior of the unemployed? © 2008 by The University of Chicago. All rights reserved.
Original language | English |
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Pages (from-to) | 137-179 |
Number of pages | 43 |
Journal | Journal of Labor Economics |
Volume | 26 |
Issue number | 1 |
DOIs | |
Publication status | Published - 2008 |