Theory predicts that mandated employment protections may reduce productivity by distortingproduction choices. Firms facing (non-Coasean) worker dismissal costs will curtail hiringbelow efficient levels and retain unproductive workers, both of which should affectproductivity. These theoretical...

The Spanish immigration phenomenon and its consequences for the insurance industry, The effect of immigration on the demographic time-bomb in Spain; The effect of immigration on the Spanish insurance market...