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Flexibility vs. Rigidity: Does Spain have the worst of both Worlds?

Saint-Paul, Gilles - 2000

In this paper we study the structure of labor market flows in Spain and compare them with France and the US. We characterize a number of empirical regularities and stylized facts. One striking result is that the job finding rate is slightly higher than in France, while the job loss rate is much...

Persistent link: https://www.econbiz.de/10010262363

Flexibility vs. Rigidity: Does Spain have the worst of both Worlds?

Saint-Paul, Gilles - Institute for the Study of Labor (IZA) - 2000

Persistent link: https://www.econbiz.de/10005703292

Are the Unemployed Unemployable?

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 1992

may have increased unemployment, and shows that this is likely to occur if technological change is associated with an …

Persistent link: https://www.econbiz.de/10005666594

Did European Labor Markets Become More Competitive in the 1990s? : Evidence from Estimated Worker Rents

Saint-Paul, Gilles - 2004

This paper analyses the evolution of quantitative measures of employee rents in Europe during the nineties, using the European Household Panel Survey. One looks at two class of measures: wage differentials between workers along industry and firm size dimensions, and estimated welfare differences...

Persistent link: https://www.econbiz.de/10010261830

Hiring and Firing Costs, Adverse Selection

Saint-Paul, Gilles; Kugler, Adriana D. - 2000

In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment …

Persistent link: https://www.econbiz.de/10010262352

Endogenous indoctrination: occupational choice, the evolution of beliefs, and the political economy of reform

Saint-Paul, Gilles - 2009

learn from experience is itself affected by economic institutions. A society which does not trust markets is more likely to … institutions reinforce each other in slowing or preventing people from learning the correct underlying parameters. …

Persistent link: https://www.econbiz.de/10010271321

Hiring and Firing Costs, Adverse Selection and Long-term Unemployment

Kugler, Adriana D.; Saint-Paul, Gilles - Institute for the Study of Labor (IZA) - 2000

In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment …

Persistent link: https://www.econbiz.de/10005762182

Did European Labour Markets Become More Competitive in the 1990's? Evidence from Estimated Worker Rents

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2004

This Paper analyses the evolution of quantitative measures of employee rents in Europe during the nineties, using the European Household Panel Survey. I look at two classes of measures: wage differentials between workers along industry and firm size dimensions; and estimated welfare differences...

Persistent link: https://www.econbiz.de/10005788867

The Rise and Persistence of Rigidities

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 1997

In this paper we argue that employment protection legislation is more likely to arise when the rents earned by the employed over their alternative wage is greater. The model explains why economies with greater real wage rigidity also have greater employment protection. The model also predicts...

Persistent link: https://www.econbiz.de/10005791239

The High Unemployment Trap

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 1992

spirit of Blanchard and Summers (1988), the model can generate multiple equilibria, with a low-quits/high-unemployment … equilibrium coexisting with a high-quits/low-unemployment equilibrium. Under weak conditions, low-unemployment equilibria Pareto … dominate high-unemployment equilibria. Mobility premia improve aggregate welfare but may increase unemployment. …

Persistent link: https://www.econbiz.de/10005791589