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Job Search and the Firm's Wage Offer Decisions : A Model of Null Offers

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  • Chalkley, Martin

Abstract

In this paper a model of a profit maximising firm's responses to job search is developed. This model explains the determinants of a firm's wage offer and the probability that a firm will be found in a state where it is optimal to make no offer (i.e. a 'null' offer). Comparative statics results for the case of constant returns technology are calculated and the implications of the model for a market chatacterised by search are discussed.

Suggested Citation

  • Chalkley, Martin, 1983. "Job Search and the Firm's Wage Offer Decisions : A Model of Null Offers," The Warwick Economics Research Paper Series (TWERPS) 223, University of Warwick, Department of Economics.
    • Handle: RePEc:wrk:warwec:223
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