Can Institutional Reform Reduce Job Destruction and Unemployment Duration? : Yes it Can /
We read search theory's unemployment equilibrium condition as an Iso-Unemployment Curve(IUC).The IUC is the locus of job destruction rates and expected unemployment durations rendering the same unemployment level. A country's position along the curve reveals its preferences over the destru...
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| Format: | Revue |
| Langue: | English |
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Washington, D.C. :
International Monetary Fund,
2012.
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| Collection: | IMF Working Papers; Working Paper ;
No. 2012/054 |
| Accès en ligne: | Full text available on IMF |