Deposit-Refundon Labor : A Solution to Equilibrium Unemployment? /

The paper studies the employment effects of a deposit-refund scheme on labor in a simple search-theoretic model of the labor market. It is shown that if a firm pays a deposit to the government when it fires a worker, to be refunded when it employs the same or another worker, the vacancy rate increas...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Heijdra, Ben
Awduron Eraill: Ligthart, Jenny
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2000.
Cyfres:IMF Working Papers; Working Paper ; No. 2000/009
Mynediad Ar-lein:Full text available on IMF