Matching, Turnover, and Unemployment
认为工人因感知市场机会价值变化而进出劳动力市场，结合搜索模型与匹配模型解释工作转换和就业状态变动。
This paper develops the view that workers move into and out of the labor market because of changes in the perceived value of their market opportunities. A search model is combined with a matching model to yield movement of workers from job to job and into and out of employment.