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Search Unemployment with Advance Notice
Garibaldi, Pietro - 1998
This paper proposes and solves a search model in which job separation requires mandatory notice. When jobs are subject to idiosyncratic uncertainty, firms would issue advance notice even with good business conditions. We show that such precautionary policy is not pursued if it entails...
Persistent link: https://www.econbiz.de/10014400716
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Can Institutional Reform Reduce Job Destruction and Unemployment Duration? : Yes it Can
Pérez Ruiz, Esther - 2012
We read search theory's unemployment equilibrium condition as an Iso-Unemployment Curve(IUC).The IUC is the locus of …
Persistent link: https://www.econbiz.de/10014412162
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The Cost of Government and the Misuse of Public Assets
Prakash, Tej - 2000
This paper deals with efficiency in the public sector. It argues that the habit of relating efficiency to public … could be used for several purposes including increasing public sector efficiency …
Persistent link: https://www.econbiz.de/10014400238
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Public Sector Efficiency and Fiscal Austerity
International Monetary Fund - 1998
or may not improve economic efficiency …
Persistent link: https://www.econbiz.de/10014400822
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Linkages Between Financial Variables, Financial Sector Reform and Economic Growth and Efficiency
Johnston, R. B. - 1995
economic growth and efficiency, using panel data for 40 countries which reformed their financial systems. Financial sector … reform is hypothesized to affect economic growth and efficiency through three main channels: the real interest rate … representing the interest cost of capital, the volume of intermediation, and financial sector efficiency. The results indicate that …
Persistent link: https://www.econbiz.de/10014395836
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Wholesale Payments and Financial Discipline, Efficiency, and Liquidity
Folkerts-Landau, D. F. I. - 1997
Properly designed wholesale payments system can make a significant contribution to enhancing market discipline in the financial sector, reducing the risk of systemic disturbance and permitting a less extensive safety net for financial institutions. The objective of these reforms has been to...
Persistent link: https://www.econbiz.de/10014403300
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A Noteon Debt Reduction and Echonomic Efficiency
International Monetary Fund - 1990
This note examines the efficiency gains that might result from market-based debt reduction and alternative uses of … government investment or consumption. Given considerable uncertainty about the efficiency returns of alternative uses of …
Persistent link: https://www.econbiz.de/10014396332
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Financial disruptions and the cyclical upgrading of labor
Epstein, Brendan; Finkelstein Shapiro, Alan; González … - 2017
-search theory: under standard calibrations models without OTJ search generate implausibly low unemployment volatility, while models …
Persistent link: https://www.econbiz.de/10011704664
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On the Speed of Transition in Central and Eastern Europe : Doeson-The-Job Search Matter?
Brixiova, Zuzana - 1997
This paper examines how the on-the-job search of workers in the state sector who are seeking jobs in the private sector affects private sector employment, the unemployment level, and the unemployment duration in the transition economies of Central and Eastern Europe. The main finding is that...
Persistent link: https://www.econbiz.de/10014400306
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How Does Employment Protection Legislation Affect Unemployment in Tunisia? : A Search Equilibrium Approach
Fanizza, Domenico - 2005
This paper applies a search matching model with firing restrictions to examine whether the existence of firing restrictions affects the outcome of the matching process and the natural rate of unemployment in Tunisia. The paper concludes that the removal of firing restrictions is likely to...
Persistent link: https://www.econbiz.de/10014400748