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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
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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/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
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against non-diversifiable labor income risk. We then use our our theory to link openness to trade to the level of …
Persistent link: https://www.econbiz.de/10012775835
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