hiring and firing costs, search frictions with vacancy costs, unemployment benefits, firm entry costs, and a tax wedge … United States and France. We find that when we include all rigidities and frictions except hiring costs and search frictions …, the model accounts for much of the firm-size differentials between the United States and France. The addition of search …

more efficient. In terms of transaction costs, the US pay on average higher search/hiring costs in the labor market, and …

den USA. Frühere Untersuchungen haben gezeigt, dass die extensive Margin dominiert und, dass, zweitens, in beiden Ländern … der extensiven und der intensiven Margin in den USA im zeitlichen Verlauf relativ stabil ist, variiert deren relative … den USA. Allerdings hängt ihre tatsächliche quantitative Bedeutung in erheblichem Umfang von der Wahl des …

more efficient. In terms of transaction costs, the US pay on average higher search/hiring costs in the labor market, and …