Goerke, Laszlo; Pannenberg, Markus - Center for Globalization and Europeanization of the … - 2009
Severance pay is a vital part of employment protection legislation (EPL). We investigate the incidence and level of … severance pay for dismissed employees. Our theoretical model predicts that not only the law and its interpretation by labour …\' costs resulting from a suit and the legal determinants of such transfers affect the incidence of severance payments. In …