This paper investigates a dynamic general equilibrium model with search. In particular, search externalities are reßected by an increasing returns to scale matching function, which may imply an indeterminate equilibrium. Hence, the model is capable to generate business ßuctuations, driven by...

This paper develops a model with multiple steady states (low tax and unemployment rate versus high tax and unemployment rate) in which equilibrium selection is not conditioned on a sunspot variable. Instead, large enough shocks initiate unavoidable transitions from one regime to the other. The...

We examine job flows in the 1990s for a sample of 13 European countries. By using a dataset of continuing firms that covers all sectors, we find firm characteristics to be important determinants of job flows, with smaller and younger firms within services typically having a larger degree of job...

Globalisation is the stepping stone for plenty of articles, essays and papers on social transformation, as it is for this one. Of the many questions raised by globalisation, one that has attracted much attention lately, is how this so-called globalisation affects the national and international...

The European Year of Mobility 2006 recognises that geographic and job mobility raises flexibility in the labour market and may contribute to job growth in the European Union. It is frequently claimed that the European Employment Strategy focuses mainly on creating more jobs and less effort is...

This research aimed at investigating how the high level of observed job mobility relates to social stratification and social class. An obvious assumption would be that intensifying employment mobility has weakened social inequalities across a wide range of life prospects, and social class has...

This report begins by elaborating upon the different factors that appear to influence the degree to which people change employers. It then formulates a number of hypotheses regarding the influence of biographical characteristics, country characteristics, previous job mobility history, job...