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Job search requirements constrain the effort choice of unemployment insurance recipients by enforcing a minimum number of monthly applications. This paper is the first to assess how individual search effort, job finding and job stability react to this constraint. Standard job search theory...
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Dieser Beitrag wirft einen kritischen Blick auf die maßgeblich von Walter Eucken in den 1930er und 1940er Jahren ausgearbeitete ordnungspolitische Konzeption. Aus heutiger Sicht und insbesondere aus der Theorieperspektive des ordonomischen Forschungsprogramms werden zwei Defizite...
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time and overtime. In contrast to Hansen and Sargent (1988), the paper models this as a sequential decision. Instead of … changing from one to infinity, with a sequential non-convexity, the aggregate elasticity of labor supply for overtime work is a … workers doing overtime. …
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