Does Uncertainty of Firing Costs Reduce Hirings?
This paper examines hiring decision under uncertainty of firing costs. We extend the labor demand problem of the firm to account for a random shock that hits the firing cost function. We also consider recursive preferences for the employer in order to separate risk aversion from intertemporal substi...
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| Volume: | 25 |
|---|---|
| Main Author: |
Chéron, Arnaud
Esselmi, Aymen Petitrenaud, Simon |
| Format: | Journal Article |
| Language: | English |
| Zielgruppe: |
Academic |
| Place of publication: |
Oxford, UK Blackwell Publishing Ltd 01.03.2011 Wiley Subscription Services, Inc |
| published in: | Labour (Rome, Italy) Vol. 25; no. 1; pp. 89 - 96 |
| Data of publication: | March 2011 |
| ISSN: |
1121-7081 1467-9914 |
| EISSN: |
1467-9914 |
| Discipline: | Economics |
| Bibliography: |
We thank the anonymous referee for helpful comments. The usual disclaimer applies. |
| Subjects: | |
| Online Access: | available in Bonn? |
| Database: | Academic OneFile (A&I only) Database information Databases - DBIS |