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Dismissal disputes and endogenous sorting

Garibaldi, Pietro; Pfann, Gerard A. - 2015

Dismissal disputes occur mostly in recessions and often lead to long and costly contract termination procedures. This paper investigates how dispute procedures may affect the job-matching process. First we present a simple accounting frame- work that corresponds with general dismissal...

Persistent link: https://www.econbiz.de/10011289335

Labor Market Flows and Equilibrium Search Unemployment

Garibaldi, Pietro; Wasmer, Etienne - 2001

This paper explicitly differentiates between unemployment and inactivity, by defining inactivity as a state in which … of large flows between employment, unemployment and inactivity. Secondly, it shows that unemployment and aggregate wages … individuals do not search for jobs when non-employed. Facing changes in the value of inactivity, individuals transit through three …

Persistent link: https://www.econbiz.de/10010262607

The labor market consequences of adverse financial shocks

Boeri, Tito; Garibaldi, Pietro; Moen, Espen R. - 2012

The recent financial crises, alongside a dramatic rise in unemployment on both sides of the Atlantic, suggest that … on liquidity are hit disproportionally hard. This may explain why the unemployment rate in the US during the Great …

Persistent link: https://www.econbiz.de/10009613676

Labor market flows and equilibrium search unemployment

Garibaldi, Pietro; Wasmer, Etienne - 2001

Persistent link: https://www.econbiz.de/10011405565

Equilibrium employment in a model of imperfect labor markets

Garibaldi, Pietro (contributor); Wasmer, Etienne (contributor) - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001868919