This paper investigates empirically the factors that affect the cost-benefit ratio of employers' search. The empirical analysis is based on a small Dutch data set containing individual information on filled vacancies. It is found that firms that use advertisements during recruitment are...

We examine the quit-layoff distinction and its implications for job destruction from the employer's perspective. Using a set of panel data of Dutch firms, we get the following results. First, in addition to layoffs, quits contribute to the speed of downward adjustment of labour. Second, about...