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Matching, wage rigidities and efficient severance pay

Fella, Giulio - 2012

This paper studies the effect of mandated severance pay in a matching model featuring wage rigidity for ongoing, but …

Persistent link: https://www.econbiz.de/10009668414

A Beveridge curve decomposition for Austria : what drives the unemployment rate?

Christl, Michael - 2019

stated that matching efficiency decreased. Using a new decomposition method, combined with detailed labour market flow data …, we are the first to disentangle supply-side, demand-side and matching factors, which could potentially cause a shift in … the shift in the Beveridge curve after 2014 was mainly caused by a decrease in matching efficiency, indicating a rising …

Persistent link: https://www.econbiz.de/10011962116

Job displacement risk and severance pay

Cozzi, Marco; Fella, Giulio - 2016

This paper is a quantitative, equilibrium study of the insurance role of severance pay when workers face displacement risk and markets are incomplete. A key feature of our model is that, in line with an established empirical literature, job displacement entails a persistent fall in earnings upon...

Persistent link: https://www.econbiz.de/10011458292

Job creation and destruction, worker reallocation and wages

Belzil, Christian - 1997

Persistent link: https://www.econbiz.de/10000961626

The impact of ICT and intangible capital accumulation on labour demand growth and functional income shares

Stehrer, Robert - 2022

This paper investigates whether the diffusion of tangible IT and CT capital and intangible capital asset types has an impact on labour demand growth and the share of labour income in total income at the industry and country level. The econometric analysis is derived from a Cobb-Douglas...

Persistent link: https://www.econbiz.de/10013274244