TY - JOUR
AU - Wasmer,, Etienne
AB - Abstract The objective of the article is to explain the rising share of short‐term employment in Europe. In a matching model, it is shown that a slowdown in the growth of labour productivity leads to the emergence of temporary (short‐term) jobs and increases their share of total employment. Higher population growth also increases the share of temporary jobs. Finally, the much blamed firing costs are found to be neutral when there is no floor on wages. In addition, in periods of low growth, the rise in the share of short‐term jobs weakens workers' bargaining position. This content is only available as a PDF. Author notes I thank Mathias Dewatripont, Gilles Duranton, Jan Eeckhout, Paul Gregg, FrancËois Ortalo-Magne, Philippe Weil, Yves Zenou, the participants in the seminar in International Economics, LSE, in the Jamboree of EDP in Louvain-la-Neuve, the EEA 96 Congress in Istanbul, and especially Charlie Bean, Chris Pissarides, Gilles Saint-Paul, three anonymous referees and the editor for very helpful comments and suggestions. Special thanks to Christina LoÈnnblad for editorial assistance. This paper was revised when I was at the IIES, Stockholm University and at the CEP, London School of Economics. Its previous title was `Growth and Dualization in Equilibrium Unemployment Theory'. © Royal Economic Society 1999
TI - Competition for Jobs in a Growing Economy and the Emergence of Dualism
JF - The Economic Journal
DO - 10.1111/1468-0297.00452
DA - 1999-07-01
UR - https://www.deepdyve.com/lp/oxford-university-press/competition-for-jobs-in-a-growing-economy-and-the-emergence-of-dualism-KhaXdoU1LQ
SP - 349
EP - 371
VL - 109
IS - 457
DP - DeepDyve
ER -