Hires and Separations in Equilibrium
نویسندگان
چکیده
منابع مشابه
The Cyclicality of Hires, Separations, and Job-to-Job Transitions
counted as unemployed. I show that an increase in the job-finding rate or an increase in the separation rate raises the job-to-job transition rate. Therefore, when I feed the measured time series for the job-finding and separation rates into this simple model, I predict that the job-to-job transition rate should be procyclical (Figure 4). This is quantitatively consistent with two direct measur...
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This paper considers job separations in a search model with labour market matching and moral hazard. Both workers and firms value productive matches and take actions to increase match stability: firms offer a share of match surplus to provide workers with correct incentives and workers take hidden actions (effort) negatively affecting the match separation rate. Heterogenous productivity draws c...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2016
ISSN: 1556-5068
DOI: 10.2139/ssrn.2884243