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This paper provides a survey of the recent literature about firing costs and discusses the transmission channels of firing costs in a partial equilibrium context. In addition, we expand our analysis two types of firing costs in a New Keynesian model with purely endogenous separations. We further...
Persistent link: https://www.econbiz.de/10008531659
search and matching frictions and incorporate a US unemployment insurance experience rating system. Layoff taxes based on … experience rating finance the cost of unemployment benefits and create considerable employment adjustment costs. Our framework … reproduces the negative correlation between vacancies and unemployment, i.e., the Beveridge curve. Simulations show that the …
Persistent link: https://www.econbiz.de/10011162484
and norms, and less unemployment and social security problems for society. In the long run, co-ethnic employment might …
Persistent link: https://www.econbiz.de/10005137251
Strikes as a consequence of labour conflicts occur about 28 times as much in France as in the Netherlands. This paper examines the institutional differences underlying these differences in strike activity. Our empirical analysis shows that strike activity is high in France if workers were...
Persistent link: https://www.econbiz.de/10005137084
flows on wage formation as alternative to the traditional specification of wage equations where unemployment represents the …
Persistent link: https://www.econbiz.de/10005504941