This paper proposes a matching model that distinguishes between job creation by existing firms and job creation by firm entrants. The paper argues that vacancy posting and job destruction on the extensive margin, i.e. from firms that enter and exit the labour market, represents a viable...

This comprehensive textbook on personnel economics is the first of its kind to be written with reference to imperfect markets. Building on traditional analysis which assumes perfectly competitive labour markets, this book introduces students to the key personnel issues faced when firms and...