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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Bibliographic details
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
EISSN: 1467-9914
Discipline: Economics
Bibliography: We thank the anonymous referee for helpful comments. The usual disclaimer applies.
Online Access: available in Bonn?
Database: Academic OneFile (A&I only)
Database information Databases - DBIS