Job creation and job destruction over the life cycle

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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Bibliographic details
Main Author: Langot, Francois
Hairault, Jean-Olivier
Cheron, Arnaud
Format: Paper
Language: English
Place of publication: 2007
Related: Society for Economic Dynamics
Data of publication: 2007
Series: 2007 Meeting Papers
Online Access: available in Bonn?
Database: RePEc
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