Jahn, Elke J.; Wagner, Thomas - Institute for the Study of Labor (IZA) - 2008
an endogenous separation rate which
combines two methods of search, the PES and random search. Workers are employed or … the PES.
JEL Classification: J41, J63, J64, J68
Keywords: matching model, hiring subsidy, endogenous separation … rate,
active labour market policy, PES, random search
Corresponding author:
Elke J. Jahn
Aarhus School of …