Labour Policies In The DMP Model—A Theoretical Analysis

Bandopadhyay, Titas Kumar (2014): Labour Policies In The DMP Model—A Theoretical Analysis.

Abstract

In this paper we examine different types of labour policies in the benchmark model of DMP in both cases where job-destruction rate is exogenous and endogenous. Our theoretical results show that the labour market tightness and the unemployment rate would be more volatile if job-destruction is endogenous.

• Item Type: MPRA Paper
• Language: English
• Keywords: Labour policies, job-destruction, labour market tightness, unemployment rate.
• Subjects: J - Labor and Demographic Economics > J2 - Demand and Supply of Labor; J - Labor and Demographic Economics > J6 - Mobility, Unemployment, Vacancies, and Immigrant Workers

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