In this paper, distinguishing between the choice of the worker and the choice of the firm, we provide a probabilistic evaluation of the transition from temporary to permanent employment in a regional context. Estimating a Multinomial Nested Logit Model, we found that the transition to a...

This paper aims to represent wage bargaining as an optimal control problem. Specifically, by assuming that employment follows a stock adjustment principle towards the level that maximises profits, i.e., towards labour demand, we build an intertemporal optimising model in which the real wage is...