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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/20245Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.creator | Rodríguez-Planas, Núria | - |
| dc.date | 2004 | - |
| dc.date.accessioned | 2013-10-16T07:09:30Z | - |
| dc.date.available | 2013-10-16T07:09:30Z | - |
| dc.date.issued | 2013-10-16 | - |
| dc.identifier | http://hdl.handle.net/10419/20245 | - |
| dc.identifier | ppn:378764985 | - |
| dc.identifier.uri | http://koha.mediu.edu.my:8181/xmlui/handle/10419/20245 | - |
| dc.description | Temporary layoffs are an important feature of the United States labor market. If these employer-employee relationships exist because of valuable job-matches, unemployment among high-productivity laid-off workers may be optimal from societal perspective. However, because of asymmetric information, low-productivity workers may behave strategically, and choose unemployment instead of low-wage jobs, resulting in an inefficient level of unemployment. This paper shows that in such cases, a re-employment bonus may give the correct incentives to laid-off workers and achieve the optimal equilibrium. The paper analyzes the equity properties of such a policy and its cost effectiveness. Finally, the model fits the data and offers several policy implications. | - |
| dc.language | eng | - |
| dc.relation | IZA Discussion paper series 1010 | - |
| dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | - |
| dc.subject | J63 | - |
| dc.subject | J65 | - |
| dc.subject | J64 | - |
| dc.subject | ddc:330 | - |
| dc.subject | temporary layoffs | - |
| dc.subject | recall expectations | - |
| dc.subject | unemployment | - |
| dc.subject | signalling and re-employment bonus demonstrations | - |
| dc.subject | Friktionelle Arbeitslosigkeit | - |
| dc.subject | Arbeitsproduktivität | - |
| dc.subject | Signalling | - |
| dc.subject | Arbeitsmarktpolitik | - |
| dc.subject | Arbeitsuche | - |
| dc.subject | Theorie | - |
| dc.title | Re-Employment Bonuses in a Signalling Model of Temporary Layoffs | - |
| dc.type | doc-type:workingPaper | - |
| Appears in Collections: | EconStor | |
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