| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14208 |
| DP14208 Jobs and Matches: Quits, Replacement Hiring, and Vacancy Chains | |
| Benjamin Schoefer; Yusuf Mercan | |
| 发表日期 | 2019-12-17 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | In the canonical DMP model of job openings, all job openings stem from new job creation. Jobs denote worker-firm matches, which are destroyed following worker quits. Yet, employers classify 56% of vacancy postings as quit-driven replacement hiring into old jobs, which evidently outlived their previous matches. Accordingly, aggregate and firm-level hiring tightly tracks quits. We augment the DMP model with longer-lived jobs arising from sunk job creation costs and replacement hiring. Quits trigger vacancies, which beget vacancies through replacement hiring. This vacancy chain can raise total job openings and net employment. The procyclicality of quits can thereby amplify business cycles. |
| 主题 | Labour Economics ; Monetary Economics and Fluctuations |
| URL | https://cepr.org/publications/dp14208 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543095 |
| 推荐引用方式 GB/T 7714 | Benjamin Schoefer,Yusuf Mercan. DP14208 Jobs and Matches: Quits, Replacement Hiring, and Vacancy Chains. 2019. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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