<titre traitementparticulier="non">Abstract</titre> This article examine the theoretical meaning of the elasticity of hours to wages accounting for Labour demand in an on-the-job equilibrium search model framework. A firm posts part and full-time job offers as a result of the trade-off between its demand variability, its wage costs and...

We develop a simple model featuring search frictions and a nondegenerate labor supply decision along the extensive margin. The model is a standard version of the neoclassical growth model with indivisible labor with idiosyncratic shocks and frictions characterized by employment loss and...

Before the recent economic crisis, part-time employment was very low in Hungary. During the crisis, however, the most rapid increase in the number of part-time employees within the European Union was observed in Hungary. Part-time employment increased in a number of European Union countries for...

In this paper, we consider the impact of displacement (defined as separation from a stable job due to firm closure) in on workers in France. We find that a large share of displaced workers find new jobs without experiencing any interruption in their employment histories, and that falling into...

A model of the labour market under firing restrictions and endogenous quits is constructed. It is shown that in the spirit of Blanchard and Summers (1988), the model can generate multiple equilibria, with a low-quits/high-unemployment equilibrium coexisting with a high-quits/low-unemployment...

The paper analyses complementarities among a variety of labour market policies. It shows: (a) that a wide range of labour market institutions (e.g. unemployment benefits, job security legislation and payroll taxes) have complementary effects on unemployment; and thus (b) that policies aimed at...

Neoclassical models of choice are estimated for the Colombian labor market. In a first approach, it is assumed that labor market choices are sequential: first, agents decide wheter they pay participate or not; if they do, they choose to be employed or continue to search; if they decide to be...

This work is focused on identifying a circular pull production control system (PPCS) and make emphasis on the presence of a stability attribute. It is an introductory paper to an extended study of macroeconomic financial stability in a physically open but systemic closed system. Previous work...

Cet article revient sur l’interprétation théorique des l’élasticité du nombre d’heures travaillées aux salaires en tenant compte de la demande de travail à temps partiel dans le cadre d’un modèle d’équilibre de recherche en emploi. Une entreprise propose des emplois à temps...

Many studies have been conducted to analyze the effect of stricter Employment Protection Legislation (EPL). However, almost all of them has focused on an ex-post impact; leaving aside a second but equally important channel: expectations. This paper aims to analyze the role of expectations on...