Your browser does not support JavaScript!

Giulio Piccirilli

Author's books

Education, Mismatch and Unemployment digital
format: Article | RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI - 2019 - 3
Year: 2019
We study an economy where the labour market is plagued with search imperfections and is segmented along a set of professions.
€ 6.00
Growth and financial frictions digital
format: Article | RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI - 2013 - 2
Year: 2013
We build an expanding variety endogenous growth model with search frictions in financial markets...
€ 6.00
Hours and Employment in a Stochastic Model of the Firm digital
format: Article | RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI - 2009 - 1
Year: 2009
This paper studies how firms adapt hours and employment to changes in business conditions. For this purpose we build a formal model which accounts for dynamic uncertainty and costly adjustments on both margins of the labour input. Using stochastic methods we find that the optimal employment policy is characterised by inaction as long as hours remain within an interval which includes standard working time. As a consequence, hiring and firing take place only when hours reach the upper and the lower boundaries of the interval. We also apply the model to a study of the impact of worksharing and find that such arrangements not only make firms more reluctant to fire in bad times but also more willing to hire when business conditions improve. Key words: Labour Demand, Turnover Costs, Dynamic Stochastic Optimisation. JEL Classification: J23, J32, J63.
€ 6.00
N. ACOCELLA - R. LEONI (Eds.), Social Pacts, Employment and Growth. A reappraisal of Ezio Tarantelli’s thought digital
format: Article | RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI - 2008 - 3
Year: 2008
€ 6.00