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Choices Once in a firm individuals make a choice to change jobs or not when they receive an alternative offer Job arrival rate for the employed Given the shock to the match specific effect individuals may choose to move to unemployment They can only choose to go back to work if they gent an offer [job arrival rate for the unemployed Transitions to unemployment can also take place because of job destruction. Job Destruction RateChoices • Once in a firm individuals make a choice to change jobs or not when they receive an alternative offer. [Job arrival Rate for the employed] • Given the shock to the match specific effect individuals may choose to move to unemployment. • They can only choose to go back to work if they gent an offer [Job arrival Rate for the unemployed] • Transitions to unemployment can also take place because of job destruction. [Job Destruction Rate]
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