TURNOVERS AND ASYMPTOTIC-BEHAVIOR OF WORKERS

In a labor market in which jobs are 'pure search goods' we ask whether workers ar, successful in their search for the best possible job. We show that workers' search activity ends in a finite amount of time and is successful whenever either changing jobs is costless or its costs are not too high. When turnover costs are high it is possible to envis age situations in which a worker ends up holding for ever a job that i s not the best among the ones available to him in the labor market.