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In a perfect labor market severance payments can have no real effects as they can be undone by a properly designed labor contract (Lazear 1990). We give empirical content to this proposition by estimating the effects of EPL on entry wages and on the tenure-wage profile in a quasi-experimental...
Persistent link: https://www.econbiz.de/10003540033
In a perfect labor market severance payments can have no real effects as they can be undone by a properly designed labor contract (Lazear 1990). We give empirical content to this proposition by estimating the effects of EPL on entry wages and on the tenure-wage profile in a quasi-experimental...
Persistent link: https://www.econbiz.de/10003507054
Theory predicts that the wage effects of government-mandated severance payments depend on workers' and firms' relative …
Persistent link: https://www.econbiz.de/10009304316
unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to … aggregierten Arbeitslosenquote. Im Einklang mit der Theorie finden wir, dass die Monopsonmacht der Firmen in konjunkturellen …
Persistent link: https://www.econbiz.de/10010225884
unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to …
Persistent link: https://www.econbiz.de/10010485288
unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to …
Persistent link: https://www.econbiz.de/10010222161
unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to …
Persistent link: https://www.econbiz.de/10013072156
In a perfect labor market severance payments can have no real effects as they can be undone by a properly designed labor contract (Lazear 1990). We give empirical content to this proposition by estimating the effects of EPL on entry wages and on the tenure-wage profile in a quasi-experimental...
Persistent link: https://www.econbiz.de/10013316954
In a perfect labor market severance payments can have no real effects as they can be undone by a properly designed labor contract (Lazear 1990). We give empirical content to this proposition by estimating the effects of EPL on entry wages and on the tenure-wage profile in a quasi-experimental...
Persistent link: https://www.econbiz.de/10013317171
Persistent link: https://www.econbiz.de/10013454098