Life Cycle Equilibrium Unemployment

This paper extends the job creation-job destruction approach to the labor market to take into account a deterministic finite horizon. As hirings and separations depend on the time over which to recoup investment costs, the life-cycle setting implies age-differentiated labor market flows. Whereas the...

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Bibliographic details
Main Author: Langot, Francois
Cheron, Arnaud
Hairault, Jean-Olivier
Format: Paper
Language: English
Place of publication: 01.04.2011
Related: CEPREMAP
Data of publication: 2011/04
Series: CEPREMAP Working Papers (Docweb)
Subjects:
Online Access: available in Bonn?
Database: RePEc
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