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average than the unemployed do. Second, changes in the employment rate, a central factor explaining variation in total hours …
Persistent link: https://www.econbiz.de/10008636173
In this paper, we provide a set of comparable estimates of aggregate monthly job-finding and separation rates for twenty-seven OECD (Organisation for Economic Co-operation and Development) countries; these estimates can be used for the cross-country calibration of search models of unemployment....
Persistent link: https://www.econbiz.de/10005526298
We study the effects of labor market rigidities and frictions on firm-size distributions and dynamics. We introduce a model of endogenous entrepreneurship, labor market frictions, and firm-size dynamics with many types of rigidities, such as hiring and firing costs, search frictions with vacancy...
Persistent link: https://www.econbiz.de/10005420526