In this article, we use a stylized model of the labor market to investigate the effects of three alternative and well-known bargaining solutions. We apply the Nash, the Egalitarian and the Kalai-Smorodinsky bargaining solutions in the small firm's matching model of unemployment. To the best of...

In this article, we use a stylized model of the labor market to investigate the effects of three alternative and well-known bargaining solutions. We apply the Nash, the Egalitarian and the Kalai-Smorodinsky bargaining solutions in the small firm's matching model of unemployment. To the best of...

Allowing for sign-dependence in discounting substantially improves the description of people’s time preferences. The deviations from constant discounting that we observed were more pronounced for losses than for gains. Our data also suggest that the discount function should be flexible enough...

In this article, we evaluate the virtues of an employment protection reform which is based on a simplification of the red tape and legal costs associated with layoffs and on the introduction of a U.S.-style experience-rating system. To this end, we use a search and matching model à la Mortensen...

Dans la plupart des pays européens, la redéfinition du contrat de travail et de ses modalités de rupture est au coeur des débats contemporains de politique économique du marché du travail. Ces débats s’appuient sur l’imposante littérature consacrée aux liens entre protection de...

Dans la plupart des pays européens, la redéfinition du contrat de travail et de ses modalités de rupture est au cœur des débats contemporains de politique économique de marché du travail. Ces débats s’appuient sur l’imposante littérature consacrée aux liens entre protection de...

This article presents an adaptation of the labour supply model applied to the independent medical sector. First, we model simultaneous General Practitioner (GP) decisions on both the leisure time and the consultation length for two payment schemes: fixed fees and unregulated fees. The objective...