TY  - RPRT
        AU  - Contini, Bruno
        TI  - A Nutshell Model of Labor Demand with Permanent and Short-Term Contracts
        PY  - 2019/Feb/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 12135
        UR  - https://www.iza.org/publications/dp12135
        AB  - The paper presents a two-period "nutshell" model that explains the composition of labour demand when the labour market is dualistic and workers may be hired via permanent (P) or temporary (T) contracts. The model does not explain the level of labor demand, nor the wage of permanent workers, assumed to be exogenous. This is the main difference with the more sophisticated structural model of Bentolila et al. (2012) where employment and wages are jointly determined. The nuthsell model delivers, however, a number of easily testable hypotheses – very relevant for policy – that the structural model does not handle.
        KW  - dual labor markets
KW  - labor demand
KW  - permanent and temporary jobs
        ER  -