A three-factor search model

Authors
Frijters, P
Citation
P. Frijters, A three-factor search model, ECON LETT, 64(3), 1999, pp. 319-324
Citations number
8
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765 → ACNP
Volume
64
Issue
3
Year of publication
1999
Pages
319 - 324
Database
ISI
SICI code
0165-1765(199909)64:3<319:ATSM>2.0.ZU;2-J
Abstract
A search model is constructed where three different types of workers with c omplementary skills search each other. With search frictions, wages of iden tically skilled-workers may then differ according to the type of workers th ey work with. Unemployment can then consist of frictional, structural, indu ced, and voluntary unemployment. (C) 1999 Elsevier Science S.A. All rights reserved.