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Job Turnover, Unemployment and Labor Market Institutions Author info | Abstract | Publisher info | Download info | Related research | Statistics Gilles, Joseph (UNIVERSITE CATHOLIQUE DE LOUVAIN, Institut de Recherches Economiques et Sociales (IRES))
Olivier Pierrard (UNIVERSITE CATHOLIQUE DE LOUVAIN, Institut de Recherches Economiques et Sociales (IRES))
Henri R. Sneessens (UNIVERSITE CATHOLIQUE DE LOUVAIN, Institut de Recherches Economiques et Sociales (IRES) - Belgique and UniversitŽ Catholique de Lille - France and IZA, Bonn - Duitschland)
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This paper studies the role of labor market institutions on unemployment and on the cyclical properties of job flows. We construct an intertemporal general equilibrium model with search unemployment and endogenous job turnover, and examine the consequences of introducing an unemployment benefit, a firing cost and a downward wage rigidity. The simulations suggest that downward wage rigidities, rather than unemployment benefit or firing cost, may well play a dominant role in explaining both the high unemployment rate and the job flows dynamics of such an economy.
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Paper provided by Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES) in its series Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) with number
2003013.
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Length: 27
Date of creation: 01 Sep 2003Date of revision:
Handle: RePEc:ctl:louvir:2003013Contact details of provider: Postal: Place Montesquieu 3, 1348 Louvain-la-Neuve (Belgium) Fax: +32 10473945 Email: Web page: http://www.uclouvain.be/econ More information through EDIRC
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Keywords: Unemployment ; Job flows dynamics ; Institutions ; Other versions of this item:
Article Joseph, G. & Pierrard, O. & Sneessens, H. R., 2004.
"Job turnover, unemployment and labor market institutions ,"
Labour Economics ,
Elsevier, vol. 11(4), pages 451-468, August.
[Downloadable!] (restricted) Paper Find related papers by JEL classification: E24 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution J38 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Public Policy J63 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Turnover; Vacancies; Layoffs J65 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment Insurance; Severance Pay; Plant Closings
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"Low-Skilled Unemployment, Biased Technological Shocks and Job Competition ,"
Discussion Papers (IRES - Institut de Recherches Economiques et Sociales)
2003014, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES), revised 03 May 2002.
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Xiaolin Xing & Zhenlin Yang, 2005.
"Determinants of Job Turnover Intentions: Evidence from Singapore ,"
SCAPE Policy Research Working Paper Series
0515, National University of Singapore, Department of Economics, SCAPE.
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Gabriele Cardullo & Bruno Van der Linden, 2006.
"Employment Subsidies and Substitutable Skills: An Equilibrium Matching Approach ,"
IZA Discussion Papers
2073, Institute for the Study of Labor (IZA).
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Gabriele, CARDULLO & Bruno, VANDERLINDEN, 2006.
"Employment subsidies and substitutable skills : An equilibrium matching approach ,"
Discussion Papers (ECON - Département des Sciences Economiques)
2006010, Université catholique de Louvain, Département des Sciences Economiques.
[Downloadable!] Gabriele Cardullo & Bruno Van der Linden, 2007.
"Employment Subsidies and Substitutable Skills: An Equilibrium Matching Approach ,"
Applied Economics Quarterly (formerly: Konjunkturpolitik) ,
Duncker & Humblot, Berlin, vol. 53(4), pages 375-404.
Eva, MORENO-GALBIS & Henri R., SNEESSENS, 2004.
"Low-Skilled Unemployment, Capital-Skill Complementarity and Embodied Technical Progress ,"
Discussion Papers (IRES - Institut de Recherches Economiques et Sociales)
2004025, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
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Eva MORENO-GALBIS & Henri SNEESSENS, 2007.
"Low-skilled unemployment, capital-skill complementarity and embodied technical progress ,"
Discussion Papers (REL - Recherches Economiques de Louvain)
2007031, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
[Downloadable!] E. Moreno-Galbis & H.R. Sneessens, 2007.
"Low-skilled unemployment, capital-skill complementarity and embodied technical progress ,"
Recherches économiques de Louvain ,
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[Downloadable!] (restricted) Steffen Ahrens & Dennis Wesselbaum, 2009.
"On the Introduction of Firing Costs ,"
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Felix Reichling, 2005.
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Macroeconomics
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Olivier, PIERARD, 2004.
"Impact of Selective Reductions in Labor Taxation ,"
Discussion Papers (IRES - Institut de Recherches Economiques et Sociales)
2004035, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
[Downloadable!]
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