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While widely accepted models of labor market search imply a constant reservation wage policy, the empirical evidence strongly suggests that reservation wages decline in the duration of search. This paper reports the results of the first real-time-search laboratory experiment. The controlled...
Persistent link: https://www.econbiz.de/10008636167
efforts to understand the relationships among employment referrals, match quality, wage trajectories, and turnover. Using a …The limited nature of data on employment referrals in large business and household surveys has so far impeded our … employee, we are able to provide rich detail on these empirical relationships for a single U.S. corporation and to test various …
Persistent link: https://www.econbiz.de/10010570545