Employment flows, capital mobility, and policy analysis

This paper extends Hopenhayn and Rogerson's analysis of firing taxes by introducing a flexible form of capital and considering transitionary dynamics. The paper finds that capital is not important for understanding the long run and welfare effects of firing taxes. However, capital is crucial for determining the short run consequences of eliminating this type of policy.

MoreLess

Year of publication:	2000
Authors:	Veracierto, Marcelo
Institutions:	Federal Reserve Bank of Chicago
Subject:	Employment (Economic theory) \| Labor mobility \| Labor market \| Capital movements

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf
Series:	Working Paper Series.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number WP-00-5
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005419907