This paper investigates, both theoretically and empirically, the relationship between labour demand and job-to-job movement at the macro-level. A labour demand equation is modelied, which distinguishes the adjustment costs into net and gross adjustment costs. The paper derives and simulates the exact upper bounds of the marginal hiring costs of an empioyed worker, for which a quit between two f...

OBJECTIVE To calculate the variable costs involved with the process of delivering erythropoiesis stimulating agents (ESA) in European dialysis practices. METHODS A conceptual model was developed to classify the processes and sub-processes followed in the pharmacy (ordering from supplier, receiving/storing/delivering ESA to the dialysis unit), dialysis unit (dose determination, ordering, recei...

Foreword In this paper Philip Raines of the European Policies Research Centre of the University of Strathclyde sets out to trace the effects of European integration on European labour markets. Integration has taken the form of increased intra-regional trade and to some extent increased flows of foreign investment. It has not taken the form of flows of labour migration, which may if anything hav...

We study wage effects of two important elements of non-wage labour costs: firing costs and payroll taxes. We exploit a reform that introduced substantial reduction in these two provisions for unemployed workers aged less than 30 and over 45 years who got a permanent job. A matching model with heterogeneous workers predicts positive wage effects of reducing firing costs but ambiguous wage effect...

Macroeconomic shocks and labour-market institutions jointly determine employment growth and economic performance. The effect of shocks depends on the nature of these institutions and the effect of institutional change depends on the macroeconomic environment. It follows that a given set of institutions may be appropriate in one epoch and not in another. We derive a dynamic model of labour deman...