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Labour Policies In The DMP Model—A Theoretical Analysis

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  • Bandopadhyay, Titas Kumar

Abstract

In this paper we examine different types of labour policies in the benchmark model of DMP in both cases where job-destruction rate is exogenous and endogenous. Our theoretical results show that the labour market tightness and the unemployment rate would be more volatile if job-destruction is endogenous.

Suggested Citation

  • Bandopadhyay, Titas Kumar, 2014. "Labour Policies In The DMP Model—A Theoretical Analysis," MPRA Paper 59622, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:59622
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    References listed on IDEAS

    as
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    7. Arthur J. Hosios, 1990. "On The Efficiency of Matching and Related Models of Search and Unemployment," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 57(2), pages 279-298.
    8. Mortensen, Dale & Pissarides, Christopher, 2011. "Job Creation and Job Destruction in the Theory of Unemployment," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 1, pages 1-19.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Labour policies; job-destruction; labour market tightness; unemployment rate.;
    All these keywords.

    JEL classification:

    • J2 - Labor and Demographic Economics - - Demand and Supply of Labor
    • J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers

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