Labor Turnover Costs and Average Labor Demand
在局部均衡模型中分析劳动力流动成本对平均就业的影响，发现其效果取决于收入函数形式、贴现率、离职率以及招聘和解雇成本的相对大小。
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. Copyright 1992 by University of Chicago Press.