Lechthaler, Wolfgang; Merkl, Christian; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2008
introduction of labor turnover costs (such as hiring and firing costs). Assuming that it is costly to hire and fire workers implies … simple and intuitively appealing way through the introduction of labor
turnover costs (such as hiring and firing costs … and job destruction.
JEL Classification: E24, E32, E52, J23
Keywords: monetary persistence, labor market, hiring …