Todorova, Tamara; Dzharova, Veselina - 2010 - Received September 3, 2010; revised October 4, 2010; accepted October 8, 2010
Our paper studies the causes of poverty from the perspective of job search. We show that poor people remain poor because they have less time and initial endowment to search for a better job. Initial endowment is key to successful job search, as one can afford not to work and search longer for a...