Handbook of Regional Science pp 1-16 | Cite as
Job Search Theory
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Abstract
This chapter summarizes the main developments in job search theory ever since its inception in the 1970s. After describing the assumptions and formulation of the basic model, the chapter moves onto analyzing how the original framework has been extended by removing some of the initial limitations. The matching function theory, which represents one of the main developments of job search theory in more recent years and whose importance has been recognized by the award of the 2010 Nobel prize in Economics, is also discussed together with the link between job search and migration theory where the role of space becomes pivotal. The concluding section briefly introduces avenues for further research including the effect of the online revolution on job search.
Keywords
Job search Labor markets Interregional migration Spatial mismatchReferences
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