Gilles, Joseph; Pierrard, Olivier; Sneessens, Henri R. - Institut de Recherche Économique et Sociale (IRES), … - 2003
This paper studies the role of labor market institutions on unemployment and on the cyclical properties of job flows …. We construct an intertemporal general equilibrium model with search unemployment and endogenous job turnover, and examine … the consequences of introducing an unemployment benefit, a firing cost and a downward wage rigidity. The simulations …