G2TT
来源类型Discussion paper
规范类型论文
来源IDDP5787
DP5787 Labour Adjustment: Disentangling Firing and Mobility Costs
Luigi Guiso; Luigi Pistaferri; Fabiano Schivardi
发表日期2006-08-09
出版年2006
语种英语
摘要This paper studies the costs of adjusting employment, distinguishing between firms' firing and workers' mobility costs. We construct a simple dynamic general equilibrium model of labour demand and supply and show that only the joint response of employment and wages to firm level shocks can discriminate between the two types of costs. We use matched employer-employees data for Italy to estimate the model and find that both types of costs are present, that they are sizeable (in the range of 19,000 euros in total) and that firing costs account for almost 90 percent of total adjustment costs.
主题International Macroeconomics
关键词Adjustment costs Mobility costs Matched employer-employees data
URLhttps://cepr.org/publications/dp5787
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/534628
推荐引用方式
GB/T 7714
Luigi Guiso,Luigi Pistaferri,Fabiano Schivardi. DP5787 Labour Adjustment: Disentangling Firing and Mobility Costs. 2006.
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