Kitao, Sagiri; Sahin, Aysegül; Song, Joseph - Federal Reserve Bank of New York - 2010
We analyze the effects of various labor market policies on job creation, job destruction, and employment. The framework … their responses to alternative policies. The equilibrium model is calibrated to capture labor market conditions at the end … parameters that characterize these policies, we try to mimic the policies in the Hiring Incentives to Restore Employment (HIRE …