technically employed. We argue that firms may find optimal to use temporary replacement workers to fill these vacant positions. We … seat warm". When the latter option is optimal, a market for temporary replacement workers emerges in equilibrium. In a … quantitative application to the US labor market, replacement workers represent 2.7 per cent of total employment. …

technically employed. We argue that firms may find optimal to use temporary replacement workers to fill these vacant positions. We … seat warm". When the latter option is optimal, a market for temporary replacement workers emerges in equilibrium. In a … quantitative application to the US labor market, replacement workers represent 2.7 per cent of total employment. …