Arbeitspapier
A Nutshell Model of Labor Demand with Permanent and Short-Term Contracts
The paper presents a two-period "nutshell" model that explains the composition of labour demand when the labour market is dualistic and workers may be hired via permanent (P) or temporary (T) contracts. The model does not explain the level of labor demand, nor the wage of permanent workers, assumed to be exogenous. This is the main difference with the more sophisticated structural model of Bentolila et al. (2012) where employment and wages are jointly determined. The nuthsell model delivers, however, a number of easily testable hypotheses – very relevant for policy – that the structural model does not handle.
- Language
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Englisch
- Bibliographic citation
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Series: IZA Discussion Papers ; No. 12135
- Classification
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Wirtschaft
Labor Turnover; Vacancies; Layoffs
- Subject
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dual labor markets
labor demand
permanent and temporary jobs
- Event
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Geistige Schöpfung
- (who)
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Contini, Bruno
- Event
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Veröffentlichung
- (who)
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Institute of Labor Economics (IZA)
- (where)
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Bonn
- (when)
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2019
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
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Object type
- Arbeitspapier
Associated
- Contini, Bruno
- Institute of Labor Economics (IZA)
Time of origin
- 2019