The employment attainment after a vocational training course, in a lifelong learning perspective is due to several factors, those inherent to the individual and those through exogenous scopes. In this theoretical revue we identify the most and the least notorious theories that can support policy...

This study investigates the effects of short-term employment contracts on employment fluctuations and economic fluctuations using a dynamic model with long-term and short-term employment contracts. Numerical experiments show that an increase in the short-term employment ratio amplifies the...

This note analyses the interaction between nominal wage stickiness and costly employment adjustment in a small closed-economy New Keynesian model with simple rule-based or optimal monetary policy. The results show (1) the costs of nominal and real rigidity to depend on the policy regime, (2)...

This study investigates the mechanism determining changes in job offers and analyzes the role of worker flows in the relationship between job offers and employment. It applies a queueing system to dynamic general equilibrium models and analyzes economic fluctuations. The queueing system helps in...

This study investigates the mechanism determining changes in job offers and analyzes the role of worker flows in the relationship between job offers and employment. It applies a queueing system to dynamic general equilibrium models and analyzes economic fluctuations. The queueing system helps in...

Workers temporarily leave their jobs for various reasons, for example, maternity, caregiving, and illness. In such a situation, a firm can lay off these workers and search for a new worker. To protect workers from such a firm's behavior, many developed countries have implemented a mandatory...