Quit Turnover and the Business Cycle: A Survey
Carlos Carrillo-Tudela () and
No 9366, IZA Discussion Papers from Institute for the Study of Labor (IZA)
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.
Keywords: business cycles; employer-to-employer transitions; search (search for similar items in EconPapers)
JEL-codes: J62 J63 J64 (search for similar items in EconPapers)
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Working Paper: Quit Turnover and the Business Cycle: A Survey (2015)
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