Carlsson, Mikael; Eriksson, Stefan; Gottfries, Nils - In: Oxford Economic Papers 65 (2013) 2, pp. 447-470
How important is imperfect competition in the product market for employment dynamics? To investigate this, we formulate a model of employment adjustment with search frictions, vacancy costs, hiring costs, and imperfect competition in the product market. From this model, we derive a structural...
