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The Job Search Intensity Supply Curve: How Labor Market Conditions Affect Job Search Effort

  • Jeremy SchwartzEmail author
Original Article

Abstract

Whether individuals search more for work during expansions remains an open question in the literature. Many macro-labor models assume workers search more during expansions when jobs are more plentiful; however, workers may also anticipate future income from employment and consume more of their savings while unemployed. If leisure and consumption are complements, workers may end up searching less during expansion and devote more time toward leisure. This paper develops a search model that allows for these countervailing effects and structurally estimates the parameters. I find that search intensity is only weakly pro- to almost a-cyclical.

Keywords

Job search Search models Structural estimation Search methods 

Mathematics Subject Classification

E2 E3 J6 

Notes

Acknowledgements

I appreciate the generous support and funding from the W.E. Upjohn Institute for Employment Research’s Early Career Research Grant Program.

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Copyright information

© EEA 2019

Authors and Affiliations

  1. 1.Department of EconomicsLoyola University MarylandBaltimoreUSA

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