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sector. A theoretical model shows that firms subject to TEWA will tend to mass at or below the threshold of 14 workers until … they get an atypically large productivity shock that would propel them beyond the threshold. EPZ firms will be largely … likely to add employees than nonEPZ firms. Above the threshold, nonEPZ firms are more likely to shed workers while EPZ firms …
Persistent link: https://www.econbiz.de/10004997736
Sri Lanka's Termination of Employment of Workmen Act (TEWA) requires that firms with 15 or more workers justify layoffs and provide generous severance pay to displaced workers, with smaller firms being exempted. Although formally subject to TEWA, firms in Export Promotion Zones (EPZs) do not...
Persistent link: https://www.econbiz.de/10011103420