Job security, stability and production efficiency

Theoretical Economics, 2017.

Cited by: 12|Bibtex|Views36
Other Links: academic.microsoft.com

Abstract:

We study a 2-sided matching market with a set of heterogeneous firms and workers in an environment where jobs are secured by regulation. Without job security Kelso and Crawford have shown that stable outcomes and efficiency prevail when all workers are (weak) gross substitutes to each firm, in the sense that increases in other workersu002...More

Code:

Data:

Your rating :
0

 

Tags
Comments