Quit Turnover and the Business Cycle: A Survey

The focus of this chapter is to consider new developments in the search and matching literature where wages, quit turnover and unemployment are endogenously determined in economies with aggregate shocks. The aim of the discussion is not only to highlight possible market failures but also to explain how on-the-job search and employee turnover fundamentally affect our understanding of fluctuations in aggregate employment.

MoreLess

Year of publication:	2015
Authors:	Carrillo-Tudela, Carlos ; Coles, Melvyn
Publisher:	Bonn : Institute for the Study of Labor (IZA)
Subject:	business cycles \| employer-to-employer transitions \| search

More details

Series:	IZA Discussion Papers ; 9366
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	837262178 [GVK] hdl:10419/124881 [Handle] RePEc:iza:izadps:dp9366 [RePEc]
Classification:	J62 - Occupational and Intergenerational Mobility ; J63 - Turnover; Vacancies; Layoffs ; J64 - Unemployment: Models, Duration, Incidence, and Job Search
Source:	EconStor

Persistent link: https://www.econbiz.de/10011401630