The interaction of minimum wage and severance payments in a frictional labor market: theory and estimation
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More about this item
Keywords
Minimum wages; severance payments; matching models; Nash bargaining; welfare;All these keywords.
JEL classification:
- C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
- J38 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Public Policy
- J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts
- J65 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment Insurance; Severance Pay; Plant Closings
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2010-07-24 (Dynamic General Equilibrium)
- NEP-LAB-2010-07-24 (Labour Economics)
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