common types of displacement: individual layoffs, individuals displaced due to a closure and individuals displaced due to a … ways. First I test whether the individual layoffs are the least productive, second I investigate whether individual layoffs … lemon exists in the resulting matching pattern. Using the Abowd et al. (1999) model I show that the individual layoffs are …

This paper provides the first causal evidence on the impact of retirement on housing choices. Our empirical strategy … exploits the discontinuity in the eligibility ages for state pension as an instrument for the endogenous retirement decision … and controls for time-invariant individual characteristics. The results show that retirement leads to a statistically …

and the Workforce Movement Questionnaire. We show that the cost of hiring into permanent contracts is larger than the cost … workers. Furthermore, collective terminations (dismissal of at least 10 workers during a 30 days period) are much more …-specific fixed cost. Furthermore, termination and hiring costs are concave and induce firms to group their permanent hirings and …