Browsing Working Papers by Subject "Adjustment costs"

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Browsing Working Papers by Subject "Adjustment costs"

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    Title: Labor Adjustment: Disentangling Firing and Mobility Costs  Author(s): GUISO, Luigi; SAPIENZA, Paola; ZINGALES, Luigi Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: This paper studies the costs of adjusting employment, distinguishing between firms’ firing and workers’ mobility costs. We construct a simple dynamic general equilibrium model of labor demand and supply and show that ...