Search Unemployment with Advance Notice /
This paper proposes and solves a search model in which job separation requires mandatory notice. When jobs are subject to idiosyncratic uncertainty, firms would issue advance notice even with good business conditions. We show that such precautionary policy is not pursued if it entails sufficiently h...
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| Format: | Revija |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
1998.
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| Serija: | IMF Working Papers; Working Paper ;
No. 1998/119 |
| Online dostop: | Full text available on IMF |