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The paper studies simple strategies of labor tax reform in a search and matching model of the labor market featuring …
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search and matching in labor markets. More specifically, it takes a discretetime adaptation of the continuous-time matching … for topological chaos.The implication is that even in a simple economy characterized by search and matching frictions, an …
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We explore the role of real wage dynamics in a New Keynesian business cycle model with search and matching frictions in …
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It is often claimed that the usage of labour market programmes will necessarily crowd out regular employment (see, for example, Holmlund & Lindén (1993)). As a result, it could be argued that, despite their probable negative impact on unemployment, the overall benefits of using labour market...
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