Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/124881
Authors: 
Carrillo-Tudela, Carlos
Coles, Melvyn
Year of Publication: 
2015
Series/Report no.: 
IZA Discussion Papers 9366
Abstract: 
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.
Subjects: 
business cycles
employer-to-employer transitions
search
JEL: 
J62
J63
J64
Document Type: 
Working Paper

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