Amine, Samir; Chatraoui, Alham; Gavrel, Frédéric; … - In: Revue d'économie politique 117 (2007) 6, pp. 921-936
We consider a matching model where firms face a trade-off between the productivity and the expected duration of jobs. As firms ignore the effect of their decision on the unemployment costs, hence the payroll taxes they must pay, the productivity as well as the destruction rate are too high....
