Colombian Labour Market Reform of 1990, which substantially reduced dismissal costs. I estimate the incidence of a reduction in …Reductions in firing costs are often advocated as a way of increasing the dynamism of labour markets in both developed … and less developed countries. Evidence from Europe and the U.S. on the impact of firing costs has, however, been mixed …

; macroeconomic volatility ; monetary policy ; firing costs ; unemployment benefits ; replacement rate …. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on … macroeconomic volatilities. In our subsequent empirical estimations, we find that higher labor turnover costs have a statistically …

workers in service occupations are identified to exhibit rising unemployment due to wage rigidities and are therefore not …

In many European countries, labor markets are characterized by high regional disparities in terms of unemployment rates … active labor market policy offers a subsidy covering moving costs to incentivize unemployed job seekers to search/accept jobs …

workers in service occupations are identified to exhibit rising unemployment due to wage rigidities and are therefore not …