Arbeitspapier
On the introduction of firing costs
This paper provides a survey of the recent literature about firing costs and discusses the transmission channels of firing costs in a partial equilibrium context. In addition, we expand our analysis two types of firing costs in a New Keynesian model with purely endogenous separations. We further distinguish between the effects resulting from respecting and non-respecting the bonding critique. We find that the two types of firing costs do not show significant differences. However, respecting the bonding critique enhances the overall performance of the model.
- Sprache
-
Englisch
- Erschienen in
-
Series: Kiel Working Paper ; No. 1559
- Klassifikation
-
Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Business Fluctuations; Cycles
Unemployment: Models, Duration, Incidence, and Job Search
- Thema
-
Beveridge Curve
Endogenous Separations
Firing Costs
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Ahrens, Steffen
Wesselbaum, Dennis
- Ereignis
-
Veröffentlichung
- (wer)
-
Kiel Institute for the World Economy (IfW)
- (wo)
-
Kiel
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Ahrens, Steffen
- Wesselbaum, Dennis
- Kiel Institute for the World Economy (IfW)
Entstanden
- 2009
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