The Distinguishing Characteristics of Temporary and Permanent Layoffs
在多期隐性合同框架下分析临时与永久裁员，识别出两者在以往研究中被模糊的区分特征，对劳动经济学家和合同理论研究者有参考价值。
This paper develops a theory of layoffs in an intertemporal setting in which job separations may occur in each of several successive periods. Theoretical analysis of temporary layoffs in previous studies has been limited to models in which the layoffs occur only in the final period of the model. This multiperiod implicit contract framework enables us to identify distinguishing characteristics of temporary and permanent layoffs that were heretofore blurred or distorted in previous contract analyses.