Frictions and institutions
Publisher: Bookboon.com
Published: 2013
ISBN-13: 9788740307870
Table of contents: title: Obsah; title: 1. Introduction 1.1. Foreword; title: 1.2. Contents; title: 2. Labor market transitions; title: 3. The standard matching framework 3.1. A simple framework; title: 3.2. Institutions and wage formation; title: 3.3. Endogenous job destruction; title: 4. Welfare effects of labor market institutions 4.1. The matching function is linear in vacancies; title: 4.2. The matching function is Cobb-Douglas with an equal exponent on both inputs; title: 4.3. Computing the socially optimal level of G.; title: 5. Firing taxes and efficiency wages; title: 6. The political economy of unemployment benefits 6.1. Wage effects of unemployment compensation; title: 7. Heterogeneous worker type and active labor market policy 7.1. The basic framework; title: 7.2. Equilibrium; title: 7.3. Social welfare; title: 7.4. Welfare effects of active labor market policies