Can institutional reform reduce job destruction and unemployment duration? : yes it can /
We read search theory's unemployment equilibrium condition as an Iso-Unemployment Curve(IUC). The IUC is the locus of job destruction rates and expected unemployment durations rendering the same unemployment level. A country's position along the curve reveals its preferences over the destr...
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Main Authors: | , |
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Format: | Book |
Language: | English |
Published: |
[Washington, D.C.] :
International Monetary Fund,
©2012
Washington, D.C. : 2012 |
Series: | IMF Working Papers ;
Working Paper No. 12/54 IMF Working Papers; Working Paper ; No. 2012/054 IMF eLibrary IMF working paper ; WP/12/54 |
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