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Job Search Theory

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Handbook of Regional Science

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. A separate section is then devoted to 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. The last section attempts to reconcile job search and migration theory by introducing the role of space and describing the main contributions on these topics by regional economists.

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Acknowledgments

I acknowledge the support of research grant ECO2010-16006 by the Spanish Ministry of Science.

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Authors and Affiliations

  1. AED Economics, Ohio State University, 2120 Fyffe Road, Columbus, OH, 43220, USA

    Alessandra Faggian Ph.D.

Authors
  1. Alessandra Faggian Ph.D.
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Correspondence to Alessandra Faggian Ph.D. .

Editor information

Editors and Affiliations

  1. Institute for Economic Geography and GIScience, Vienna University of Economics and Business, Vienna, Austria

    Manfred M. Fischer

  2. and Business Administration Department of Spatial Economics, Free University Faculty of Economics, Amsterdam, The Netherlands

    Peter Nijkamp

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Faggian, A. (2014). Job Search Theory. In: Fischer, M., Nijkamp, P. (eds) Handbook of Regional Science. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-23430-9_8

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  • DOI: https://doi.org/10.1007/978-3-642-23430-9_8

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  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-23429-3

  • Online ISBN: 978-3-642-23430-9

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