CORDIS Project
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This research examines the relationship between labor and product markets by analyzing employment adjustment costs. It utilizes advanced economic models to explore how these costs impact workers and firms, particularly in the context of Denmark's unique labor market conditions.
This research seeks to provide answers to three interrelated crucial policy questions on the interdependency of labour and product markets, focusing on the costs, structure and consequences of employment adjustment costs.
To this aim, I propose to extend the strong theoretical foundation of dynamic search-matching models, introducing firm specific stochastic productivity shocks, and to structurally estimate these models on Danish exhaustive employer-employee data, with rich information on the fi…
AARHUS UNIVERSITET
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