文档介绍：TheDeclineofJobLoss ,NBER,AEIAEASessionon“LaborMarketFlows”NewOrleans,3January2008Steve.******@, JobLossMattersLower(frictional)unemploymentReducedcostsofworkerdisplacementArisingtideofeconomicinsecurity?QuarterlyJobFlows,ManufacturingSector, 1947-2005DWSJob-LossRate,Farber(2007)OnJobTenureStatisticsJobtenurestatisticsinformusaboutthedurabilityofemploymentrelationships,-2006,36%,?Unemployment,1BasicmechanisminsearchmodelsalongthelinesofMortensenandPissarides(1994): Lessjobdestruction fewerjob-losingworkers smallerunemploymentinflows lowerunemploymentratesQuestion:?