In den Vereinigten Staaten werden die Beitragssätze der einzelnen Firmen zur Arbeitslosenversicherung entsprechend ihrer Beanspruchung ermittelt. Dies wird theoretisch damit begründet, daß andernfalls Sektoren mit hohen Entlassungsraten einen großen Teil der entstehenden Folgekosten...

This paper shows that adjustment costs modelled as firing costs of moderate size go a long way in explaining the variability and counter-cyclicality of the labour share at the firm and aggregate level. Firing costs cause firms to hire less in recessions and hire less in booms causing wage costs...

In this paper we conduct an analysis of the effects of firing costs in models that consider simultaneously worker heterogeneity, imperfect information on their productivity and union power. We consider an OLG model where heterogeneous workers participate in the labour market both when young and...

In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment are much lower in Europe compared to North America, while employment-to-employment flows are similar in the two continents. In the model, firms use discretion in terms of whom...