Castrén, Olli (contributor); Takalo, Tuomas (contributor); … - 2004
observation. It is shown that structural reforms – labour market reforms in
particular – which reduce the persistence of the … Philippopoulos (1994), it is
assumed that the economy is characterised by labour market rigidities that, in turn, give
raise to … supply typically use matching models to derive the equilibrium supply and demand
conditions in the labour market. It is not …