Leonardi, Marco; Pica, Giovanni - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
effects of EPL on entry wages and on the tenure-wage
profile in a quasi-experimental setting. We consider a reform that … threshold show no effect of the reform on entry wages and
a decrease of the returns to tenure by around 20% in the first year … using a natural experiment from
Italy. In 1990, Italy introduced a labour market reform which increased the severance pay …