Labor Market Adjustment in Transition Economies with On-the-Job Search
Posted: 29 Nov 2000
This paper examines the impact of on-the-job search by workers in the state sector on the level and duration of unemployment in transition economies. We derive the optimal speed of state sector closure when workers engage in on-the-job search.
Keywords: Unemployment, On-the-job search, Transition economies
JEL Classification: J64, P21
Suggested Citation: Suggested Citation