A Pure Theory of Job Security and Labour Income Risk

DOI10.1111/0034-6527.00275MaRDI QIDQ4810823zbMATH OpenOpenAlexFDO

Authors Giuseppe Bertola

Publication date 16 August 2004

Published in Review of Economic Studies (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1111/0034-6527.00275

zbMATH Keywords

labour market equilibriumlabour reallocation costssecond-best equilibrium

Mathematics Subject Classification ID

Recommendations

• Unemployment risk and wage differentials
• Employment protection, technology choice, and worker allocation
• Job security, stability, and production efficiency
• Worker turnover and unemployment insurance
• From dual to unified employment protection: Transition and steady state

Cited in

(8)

• Real wages over the business cycle: OECD evidence from the time and frequency domains
• Switching costs and sectoral adjustments in general equilibrium with uninsured risk
• Do private income transfers increase labor market risk?
• A decomposition theory based on a dominance relation and composite jobs
• The effect of temporary contracts on job security of permanent workers
• Employment protection versus flexicurity: on technology adoption in unionised firms
• Job security, stability, and production efficiency
• Unemployment risk and wage differentials

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