Stability and auctions in labor markets with job security
نویسندگان
چکیده
منابع مشابه
Multiple Job Holding, Local Labor Markets, and the Business Cycle
Multiple Job Holding, Local Labor Markets, and the Business Cycle* About 5 percent of U.S. workers hold multiple jobs, which can exacerbate or mitigate employment changes over the business cycle. Theory is ambiguous and prior literature is not fully conclusive. We examine the relationship between multiple job holding and local unemployment rates using a large Current Population Survey data set ...
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Recessions and policy interventions in labour markets in developing countries are characterized not only by changes in the unemployment rate, but also by changes in the proportion of formal or protected jobs. This reallocation between formal and informal jobs is large and occurs mainly because the job nding rate of formal jobs reacts substantially more than the job nding rate of informal jobs...
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We study a 2-sided matching market with a set of heterogeneous firms and workers in an environment where jobs are secured by regulation. Without job security Kelso and Crawford have shown that stable outcomes and efficiency prevail when all workers are (weak) gross substitutes to each firm, in the sense that increases in other workers’ salaries can never cause a firm to withdraw an offer from a...
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ژورنال
عنوان ژورنال: Economics Letters
سال: 2017
ISSN: 0165-1765
DOI: 10.1016/j.econlet.2017.02.024