Labour Policies In The DMP Model—A Theoretical Analysis

In this paper we examine different types of labour policies in the benchmark model of DMP in both cases where job-destruction rate is exogenous and endogenous. Our theoretical results show that the labour market tightness and the unemployment rate would be more volatile if job-destruction is endogenous.

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Year of publication:	2014-11-02
Authors:	Bandopadhyay, Titas Kumar
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Labour policies \| job-destruction \| labour market tightness \| unemployment rate

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	J2 - Time Allocation; Work Behavior; Employment Determination and Creation ; J6 - Mobility, Unemployment, and Vacancies
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011108114