Can institutional reform reduce job destruction and unemployment duration? : yes it can /

We read search theory's unemployment equilibrium condition as an Iso-Unemployment Curve(IUC). The IUC is the locus of job destruction rates and expected unemployment durations rendering the same unemployment level. A country's position along the curve reveals its preferences over the destr...

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Bibliographic Details
Main Authors: Pérez, Esther (Pérez-Ruiz) (Author), Yao, Yao, 1970- (Author)
Other Authors: Yao, Yao
Format: Book
Language:English
Published: [Washington, D.C.] : International Monetary Fund, ©2012
Washington, D.C. : 2012
Series:IMF Working Papers ; Working Paper No. 12/54
IMF Working Papers; Working Paper ; No. 2012/054
IMF eLibrary
IMF working paper ; WP/12/54
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