questions on the determinants of firms' labor demand, unemployed individuals' job search behavior and the state's role in …

How important is imperfect competition in the product market for employment dynamics? To investigate this, we formulate … a theoretical model of employment adjustment with imperfect competition in the product market, search frictions, and … convex adjustment costs. From this model, we derive a structural equation for employment that we estimate on firm-level data …

immigrants' wages are the lowest of all workers due to their ineligibility for unemployment benefits and lower wage bargaining … power. A rise in the share of immigrant workers leads to the creation of additional jobs, but also more job competition. The …, resulting in gains in terms of both employment and wages for natives, which does not hold for documented immigration. Stricter …