Postel-Vinay, Fabien; Turon, Hélène - 2011
extension of the Diamond-Mortensen-Pissarides (DMP) matching model that allows for employed job search and negotiation over … employed job search, our model explains why higher firing costs intensify job-to-job turnover at the expense of transitions out … of unemployment. We further find that allowing for on-the-job search markedly changes the quantitative predictions of the …