This paper presents a general equilibrium model where rms producing the consumption good in an oligopolistic market purchase advertising in order to increase their market shares. The model aims to evaluate the general equilibrium consequences of such a behaviour. It analyses the eects of a...

Assuming random matching productivity, we present a search equilibrium model where each match ends in a vacancy, in a temporary job or in a permanent job. Centralized bargaining sets the wage rate of permanent workers whereas rms decide unilaterally the wage rate of temporary workers. In this...

Because of the high unemployment rate and the low chances to get a permanent job, young people in Italy face major problems in entering the labour market. In this paper, we address the issue of the labour market entry of young Italian workers by using a sample dataset of the new Compulsory...