Job-to-job turnover provides a way for employers to escape statutory firing costs, as unprofitable workers may willfully quit their job on receiving an outside offer, or may be induced to accept one that they would otherwise reject with a negotiated severance package. We formalise those mechanisms within an extension of the Diamond–Mortensen–Pissarides model that allows for employed job search. We find that our model explains why higher firing costs intensify job-to-job turnover at the expense of transitions out of unemployment and that ignoring on-the-job Search leads one to overstate the adverse impact of firing costs on employment
Firing costs are often blamed for unemployment. In this paper, we investigate this widespread belief...
It has recently been argued that the standard Diamond-Mortensen-Pissarides (DMP) search and matching...
This paper introduces on-the-job search into the model of search equilibrium that builds on the conc...
Job-to-job turnover provides a way for employers to escape statutory firing costs, as unprofitable w...
Using a search and matching model with distinct intensive and extensive labour margin choices and co...
PRELIMINARY VERSION The rate of job-to-job transitions is twice as large today as the rate at which ...
The purpose of this paper is to rationalize cross country differences in cyclical behaviour of job c...
I construct a matching model to explain the labor market transition between employment, unemployment...
In this paper, we present a matching model with adverse selection that explains why flows into and o...
Traditional models of the labor market assume fixed firing costs. This paper explores the implicatio...
The model developed in this paper examines the relationship between firing costs and unemployment in...
In this paper I study a new amplification mechanism in search models that arises when workers can ch...
This article provides theoretical and empirical analyses of a firing costs model with adverse select...
To assess the impacts of reducing government-mandated firing costs in the short and long run on unem...
I investigate the extent to which firing restrictions could serve as a welfare-improving contractual...
Firing costs are often blamed for unemployment. In this paper, we investigate this widespread belief...
It has recently been argued that the standard Diamond-Mortensen-Pissarides (DMP) search and matching...
This paper introduces on-the-job search into the model of search equilibrium that builds on the conc...
Job-to-job turnover provides a way for employers to escape statutory firing costs, as unprofitable w...
Using a search and matching model with distinct intensive and extensive labour margin choices and co...
PRELIMINARY VERSION The rate of job-to-job transitions is twice as large today as the rate at which ...
The purpose of this paper is to rationalize cross country differences in cyclical behaviour of job c...
I construct a matching model to explain the labor market transition between employment, unemployment...
In this paper, we present a matching model with adverse selection that explains why flows into and o...
Traditional models of the labor market assume fixed firing costs. This paper explores the implicatio...
The model developed in this paper examines the relationship between firing costs and unemployment in...
In this paper I study a new amplification mechanism in search models that arises when workers can ch...
This article provides theoretical and empirical analyses of a firing costs model with adverse select...
To assess the impacts of reducing government-mandated firing costs in the short and long run on unem...
I investigate the extent to which firing restrictions could serve as a welfare-improving contractual...
Firing costs are often blamed for unemployment. In this paper, we investigate this widespread belief...
It has recently been argued that the standard Diamond-Mortensen-Pissarides (DMP) search and matching...
This paper introduces on-the-job search into the model of search equilibrium that builds on the conc...