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 labor 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
For a large sample of Italian firms, we analyze employment adjustments to external wage shocks under...
I estimate the costs for establishments of hires and separations using a dynamic labor demand framew...
Using a search and matching model with distinct intensive and extensive labour margin choices and co...
The thesis focuses on the way recent developments in labour market legislation have affected compani...
The point of departure of the analysis of dynamic labour demand is that hiring and firing costs ofte...
This paper examines the structure of the adjustment costs for heterogeneous labour inputs, allowing ...
A relatively unexplored question in dynamic labour demand regards the source of adjustment costs, wh...
A relatively unexplored question in dynamic labour demand regards the source of adjustment costs, wh...
This paper examines the effects of firing costs in a dynamic general equilibrium model where firms f...
A relatively unexplored question in dynamic labour demand regards the source of adjustment costs, w...
This paper studies a dynamic model with efficiency wages and adjustment costs associated with hiring...
Labor adjustment costs determine the extent to which \u85rms vary their employment in response to ex...
In this paper we estimate a dynamic structural model of employment at firm level. Our dataset consis...
In this paper we estimate a dynamic structural model of employment at the firm level. Our dataset co...
In this paper, we investigate the asymmetry of adjustment costs for labour. Using monthly data on Ja...
For a large sample of Italian firms, we analyze employment adjustments to external wage shocks under...
I estimate the costs for establishments of hires and separations using a dynamic labor demand framew...
Using a search and matching model with distinct intensive and extensive labour margin choices and co...
The thesis focuses on the way recent developments in labour market legislation have affected compani...
The point of departure of the analysis of dynamic labour demand is that hiring and firing costs ofte...
This paper examines the structure of the adjustment costs for heterogeneous labour inputs, allowing ...
A relatively unexplored question in dynamic labour demand regards the source of adjustment costs, wh...
A relatively unexplored question in dynamic labour demand regards the source of adjustment costs, wh...
This paper examines the effects of firing costs in a dynamic general equilibrium model where firms f...
A relatively unexplored question in dynamic labour demand regards the source of adjustment costs, w...
This paper studies a dynamic model with efficiency wages and adjustment costs associated with hiring...
Labor adjustment costs determine the extent to which \u85rms vary their employment in response to ex...
In this paper we estimate a dynamic structural model of employment at firm level. Our dataset consis...
In this paper we estimate a dynamic structural model of employment at the firm level. Our dataset co...
In this paper, we investigate the asymmetry of adjustment costs for labour. Using monthly data on Ja...
For a large sample of Italian firms, we analyze employment adjustments to external wage shocks under...
I estimate the costs for establishments of hires and separations using a dynamic labor demand framew...
Using a search and matching model with distinct intensive and extensive labour margin choices and co...