Strong Hysteresis due to Age Effects
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References listed on IDEAS
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More about this item
KeywordsHysteresis; hiring and firing costs; heterogeneous workers;
- E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
- J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts
- J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-AGE-2010-03-20 (Economics of Ageing)
- NEP-ALL-2010-03-20 (All new papers)
- NEP-MAC-2010-03-20 (Macroeconomics)
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