Explaining labor wedge trends: An equilibrium search approach

In this paper, we present a search and matching model of the labor market and use this as a device to explain the long-run variation in the aggregate hours worked in several OECD countries over the period 1980-2013. The model distinguishes between hours worked per employee (intensive margin) and the...

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Bibliographic Details
Main Authors: Coralia A. Quintero Rojas, François Langot
Format: Article
Language:English
Published: Università Carlo Cattaneo LIUC 2016-06-01
Series:The European Journal of Comparative Economics
Subjects:
Online Access:http://ejce.liuc.it/18242979201601/182429792016130101.pdf