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...

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Bibliographic Details
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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