This landmark graduate-level text combines depth and breadth of coverage with recent, cutting-edge work in all the major areas of modern labor economics. Labor Economics is the only textbook available for advanced graduate students in the field, and it will be widely used; because of its command...

It is frequently argued that pure government-mandated severance transfers by the employer to the worker have neither employment nor welfare effect because they can be offset by private transfers from the worker to the employer. In this paper, using a dynamic search and matching model à la...

This paper analyzes optimum income taxation in a model with endogenous job destruction that gives rise to unemployment. It is shown that optimal tax schemes comprise both payroll and layoff taxes when the state provides public unemployment insurance and aims at redistributing income. The optimal...

We explore the consequences of public employment for labour market performance. Theory suggests that public employment may not only crowd out private employment, but also increase overall unemployment if, by offering attractive working conditions, it draws additional individuals into the labour...

Analyse de l'impact de la création d'emplois publics sur la création d'emplois privés.

[fre] Cet article étudie les conséquences de l'emploi public sur les performances du marché du travail dans dix-sept pays de l'OCDE au cours de la période 1960-2000. Les investigations empiriques suggèrent que la création d'un emploi public détruit environ 1,5 emploi privé, augmente le...

[eng] What is left of the efficiency wage theory ? . . In this paper, it is shown that turn over or monitoring costs cannot explain, by themselves, involuntary unemployment. Nevertheless, such costs can prevent employers and workers from achieving agreements that would be Pareto improving. [fre]...

This paper deals with the consequence of public employment on labor market performances in 17 OECD countries over the period 1960-2000. Empirical evidence suggests that the creation of one public job destroyed about 1,5 private job, sightly decreased participation to the labor market and...

This paper analyzes the consequences of compulsory reductions in working time on employment. The first part of the paper is devoted to the analysis of labor demand when the firm chooses the number of jobs and hours. This framework allows us to show that compulsory reductions in standard hours...