Job Protection, Minimum Wage and Unemployment.

We analyze how wage setting institutions and job-security provisions interact on unemployment. The assumption that wages are renegotiated by mutual agreement only is introduces in a matching model with endogenous job destruction a la Mortensen and Pissarides (1994) in order to get wage profiles with proper microfoundations.

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Year of publication:	1999
Authors:	Cahuc, P. ; Zylberberg, A.
Subject:	MINIMUM WAGE \| UNEMPLOYMENT \| LABOUR MARKET

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Type of publication:	Book / Working Paper
Notes:	25 pages
Classification:	J38 - Public Policy ; J64 - Unemployment: Models, Duration, Incidence, and Job Search
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005641065