Equilibrium labour turnover, firm growth and unemployment
"This paper identifies a data-consistent, equilibrium model of unemployment, wage dispersion, quit turnover and firm growth dynamics. In a separating equilibrium, more productive firms signal their type by paying strictly higher wages in every state of the market. Workers optimally quit to firm...
| Main Authors: | , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Colchester
2012
ISER |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19135194124919533769-equilibrium-labour-turnover,-f.htm |
