Matsue, Toyoki - In: Central European economic journal 6 (2019) 53, pp. 164-173
empirical studies point out that employment fluctuations have become more volatile after the reforms. This paper presents a … productivity shock causes the oscillatory behaviour of employment. Moreover, a reduction in adjustment costs amplifies fluctuations …. In the labour market literature, a number of studies point out the importance of trade unions in European countries. This …