Journal of Monetary Economics volume 59, issue 4, P352-369 2012 DOI: 10.1016/j.jmoneco.2012.05.001 View full text
Bulent Guler, Fatih Guvenen, Giovanni L. Violante

Abstract: AbstractSearch theory routinely assumes that decisions about the acceptance/rejection of job offers (and, hence, about labor market movements between jobs or across employment states) are made by individuals acting in isolation. In reality, the vast majority of workers are somewhat tied to their partners-in couples and families-and decisions are made jointly. This paper studies, from a theoretical viewpoint, the joint job-search and location problem of a household formed by a couple (e.g., husband and wife) w…

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