In this paper a model of a profit maximising firm's responses to job search is developed. This model explains the determinants of a firm's wage offer and the probability that a firm will be found in a state where it is optimal to make no offer (i.e. a 'null' offer). Comparative statics results...

The predictions of job-search theory for an analysis of unemployment have long been of interest (e.g. see Lippman and McCall (1976 b), Barron (1975) and Feinberg (1977)). In particular an important question is with regard to the duration of search unemployment and its determinants. Unfortunately...