Separation costs, job heterogeneity and labor market volatility in the matching model

C-Tier
Journal: Economics Letters
Year: 2008
Volume: 101
Issue: 1
Pages: 77-79

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper extends the standard matching model by introducing a gap in separation costs between entrant and incumbent workers. We show that when this gap is omitted from the model, these costs do not improve the labor market volatility without introducing unrealistic unemployment responses to unemployment benefits.

Technical Details

RePEc Handle
repec:eee:ecolet:v:101:y:2008:i:1:p:77-79
Journal Field
General
Author Count
2
Added to Database
2026-01-29