Labour Policies In The DMP Model—A Theoretical Analysis
Titas Kumar Bandopadhyay
MPRA Paper from University Library of Munich, Germany
Abstract:
In this paper we examine different types of labour policies in the benchmark model of DMP in both cases where job-destruction rate is exogenous and endogenous. Our theoretical results show that the labour market tightness and the unemployment rate would be more volatile if job-destruction is endogenous.
Keywords: Labour policies; job-destruction; labour market tightness; unemployment rate. (search for similar items in EconPapers)
JEL-codes: J2 J6 (search for similar items in EconPapers)
Date: 2014-11-02
New Economics Papers: this item is included in nep-dge
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:59622
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