Toward a theory of vacancies

• 成果类型: Article
• 署名作者: Burdett, K; Cunningham, EJ
• 署名单位: University of Oklahoma System; University of Oklahoma - Norman
• 刊物名称: JOURNAL OF LABOR ECONOMICS
• ISSN/ISSBN: 0734-306X
• DOI: 10.1086/209895
• 发表日期: 1998
• 页码: 445-478
• 关键词: job search; RECRUITMENT; employees; duration; unemployment; workers; models; wages; firm

摘要

We attempt to further characterize the search strategies of the employer. In the article, we discuss how characteristics of the employer or conditions that the employer faces affect the optimal search strategies and the probability of filling a vacancy in each period. Semiparametric and parametric methods are used to estimate hazard rates of filling vacancies. The results suggest that for the given sample of vacancies, the general form of the hazard function is nonmonotonic. Additionally, the results suggest that those employers who have advance notice of the vacancy may search longer than those employers who do not.