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are flexible, the standard deviation of unemployment in a model with rigid wages for incumbent workers (only) matches the …
Persistent link: https://www.econbiz.de/10011526914
are flexible, the standard deviation of unemployment in a model with rigid wages for incumbent workers (only) matches the …
Persistent link: https://www.econbiz.de/10011518661
of incumbent workers have substantial effects on separations and unemployment volatility. Allowing for an empirically … relevant degree of wage rigidities for incumbent workers drives unemployment volatility, as well as the volatility of vacancies …
Persistent link: https://www.econbiz.de/10011824271
joint unemployment and vacancy dynamics. We show conditions for constrained efficiency and discuss important implications of …
Persistent link: https://www.econbiz.de/10012268078
joint unemployment and vacancy dynamics. We show conditions for constrained efficiency and discuss important implications of …
Persistent link: https://www.econbiz.de/10012269069
This paper uses the job creation and destruction model of the search and matching type proposed by García-Pérez and Osuna (2014) to study the effectiveness of subsidizing permanent job creation as a strategy to reduce labour market segmentation between permanent and temporary contracts. The...
Persistent link: https://www.econbiz.de/10010506295
Persistent link: https://www.econbiz.de/10012193898
and by the need to reallocate workers across productive activities. The duration of unemployment and jobs and wage … policies on wages and unemployment. …
Persistent link: https://www.econbiz.de/10005497772
This paper analyzes the creation, destruction and reallocation of jobs to better understand the micro-dynamics of aggregate employment change in African manufacturing. The nature and magnitude of gross job flows are examined using a unique panel data of Ethiopian manufacturing establishments...
Persistent link: https://www.econbiz.de/10010258031
Persistent link: https://www.econbiz.de/10012202879