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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/10011405565

Temporary replacement workers in a matching model with employment at will

Garibaldi, Pietro; Gomes, Pedro - 2022

In the US almost 3 per cent of employees are absent from their job for reasons other than vacation, but are still technically employed. We argue that firms may find optimal to use temporary replacement workers to fill these vacant positions. We set up a matching model with directed search and...

Persistent link: https://www.econbiz.de/10013346998