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...

Повний опис

Бібліографічні деталі
Автор: Heijdra, Ben
Інші автори: Ligthart, Jenny
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2000.
Серія:IMF Working Papers; Working Paper ; No. 2000/009
Онлайн доступ:Full text available on IMF