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Browsing Departament d'Economia i Empresa by Subject "labor misallocation"

Browsing Departament d'Economia i Empresa by Subject "labor misallocation"

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  • Caggese, Andrea; Cuñat, Vicente; Metzger, Daniel (2017-10-01)
    Firms consider wages, current and expected productivity as well as firing and hiring costs when firing a worker. Financing constraints distort this intertemporal trade-off, leading firms to sub-optimally fire short-tenured ...

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