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Keywords: Lay-off costs
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Journal Articles
Journal of Economic Studies (2014) 41 (5): 721–736.
Published: 02 September 2014
...Dennis Wesselbaum Purpose – The purpose of this paper is to compare two elements of lay-off costs in a dynamic model of the labor market and analyze the differences for business cycle dynamics and welfare. Design/methodology/approach – The paper builds a general equilibrium Real Business...

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