Abstract
This paper introduces a non-stationary hazard of exiting unemployment for employment. The source of the non-stationarity is the duration dependent intensity of offer arrivals subject to a Poisson process. Based on these non-stationary offer arrivals and simplifying assumptions, a closed form non-stationary hazard of exiting unemployment is derived using a sequential search model.
| Original language | English |
|---|---|
| Pages (from-to) | 171-175 |
| Number of pages | 5 |
| Journal | Economics Letters |
| Volume | 17 |
| Issue number | 1-2 |
| DOIs | |
| State | Published - 1985 |
Fingerprint
Dive into the research topics of 'A non-stationary hazard function of leaving unemployment for employment'. Together they form a unique fingerprint.Cite this
- APA
- Author
- BIBTEX
- Harvard
- Standard
- RIS
- Vancouver