LABOR TURNOVER COSTS AND AVERAGE LABOR DEMAND

• 成果类型: Article
• 署名作者: BERTOLA, G
• 署名单位: National Bureau of Economic Research
• 刊物名称: JOURNAL OF LABOR ECONOMICS
• ISSN/ISSBN: 0734-306X
• DOI: 10.1086/298293
• 发表日期: 1992
• 页码: 389-411
• 关键词: job security; EMPLOYMENT

摘要

Labor turnover costs may or may not decrease average employment in a partial equilibrium model of labor demand, depending on the form of the revenue function, on the rates of discount and of labor attrition, and on the relative size of hiring and firing costs. If discount and attrition rates are strictly positive, firing costs may well increase average employment even when hiring costs reduce it.