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...
| Huvudupphovsman: | |
|---|---|
| Övriga upphovsmän: | |
| Materialtyp: | Tidskrift |
| Språk: | English |
| Publicerad: |
Washington, D.C. :
International Monetary Fund,
2000.
|
| Serie: | IMF Working Papers; Working Paper ;
No. 2000/009 |
| Länkar: | Full text available on IMF |