Job Mobility in Market Equilibrium
构建了一个简单的随机工作匹配模型，推导出工人换工作概率随当前工资、工作经验、任期和过往流动性变化的可检验条件，并讨论了计量方法。
This paper develops a simple stochastic job matching model and uses it to derive a set of testable restrictions on the conditional probability with which a worker will be observed to change jobs over time. The restrictions describe the manner in which this probability varies with observable characteristics—current wage, labour market experience, tenure on current job, and past mobility. Econometric methods are also discussed, and some illustrative calculations provided.