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Detail
ArtikelHow Do Lay-off Costs Affect Employment ?  
Oleh: Ljungqvist, Lars
Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: The Economic Journal (EBSCO) vol. 112 no. 482 (2002), page 829-853.
Topik: employment; lay - offs; costs; employment
Fulltext: 829.pdf (171.86KB)
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: EE28.8
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
    Lihat Detail Induk
Isi artikelGeneral equilibrium analyses of lay - off costs have had mixed messages on the implications for employment. This paper brings out the economic forces at work and sheds light on the disparate results. We explain why lay - off costs tend to increase employment in search models while the opposite is true in models with employment lotteries. In matching models, we show that the employment effects depend critically on how lay - off costs are assumed to enter the bargaining process.
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