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Training and job search in the labor market

Research output: Contribution to journalArticlepeer-review

Abstract

The objective of this study is to formulate and analyze an integrated decision model of training and job search in the labor market. The paper extends the existing job search theory by allowing the individual to undertake costly training activities which affect his potential wage offer distribution. We characterize the structure of the individual's optimal training strategy, and present various economic implications of our proposed model.

Original languageEnglish
Pages (from-to)87-92
Number of pages6
JournalOperations Research Letters
Volume11
Issue number2
DOIs
StatePublished - Mar 1992

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth

Keywords

  • directed tree
  • job search
  • optimal training
  • sequencing
  • stopping rule

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