Publisher: Algemene en Ontwikkelingseconomie (AOE)
Subject: hierarchical structure of a firm; internal labour market; hiring and firing costs; job mobility; costs and benefits of training firing costs; job mobility; costs and benefits of training
A hierarchical model is calibrated and used to illustrate labour market flows within a firm. The model establishes a link between the models of the firm from the literature on industrial organisation and the description of labour market dynamics in the flow approach to ... View more
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quality is equal to E(q4 = yprnb.~ ~~~~~~~~~~ g(f), whh Y~A.I = (yl6.1 + ~,,b.#2.