Job Creation and Job Destruction over the Life Cycle: The Older Workers in the Spotlight
This paper extends the job creation - job destruction approach to the labor market to take into account the life-cycle of workers. Forward looking decisions about hiring and firing depend on the time over which to recoup adjustment costs. The equilibrium is typically featured by increasing (decreasi...
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Main Author: |
Langot, Francois
Hairault, Jean-Olivier Cheron, Arnaud |
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Format: | Paper |
Language: | English |
Place of publication: |
01.02.2007 |
Related: |
Institute for the Study of Labor (IZA) |
Data of publication: | 2007/02 |
Series: |
IZA Discussion Papers |
Subjects: | |
Online Access: | available in Bonn? |
Database: | RePEc RePEc IDEAS Database information Databases - DBIS |