• Article  

      Entrepreneurship, start-up costs and employment 

      Fonseca, Raquel; Lopez-Garcia, Paloma; Pissarides, Christopher A. (2001)
      We study the effects of business start-up costs on employment, in a model with managers, workers and matching. We show that higher start-up costs discourage entrepreneurs and increase the fraction of the population who ...
    • Article  

      Real wages and unemployment in Australia 

      Pissarides, Christopher A. (1991)
      This paper estimates a three-equation model of the Australian labour market, for employment, real wages and the participation rate. It uses the model to study the role of incomes policies in containing real wage growth and ...