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 destructio...
Main Authors: | Pérez, Esther, Yao, Yao |
---|---|
Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
Washington, DC
2012
IMF |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19135544124919537269-Can-institutional-reform-reduc.htm |
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