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Dismissal Protection and Worker Flows in Small Establishments

Bauer, Thomas K.; Bender, Stefan; Bonin, Holger - Institute for the Study of Labor (IZA) - 2004

Based on a large employer-employee matched data set, the paper investigates the effects of variable enforcement of German dismissal protection legislation on the employment dynamics in small establishments. Specifically, using a difference-in-differences approach, we study the effect of changes...

Persistent link: https://www.econbiz.de/10005822158

Employment Protection and Capital-Labor Ratios

Janiak, Alexandre; Wasmer, Etienne - Institute for the Study of Labor (IZA) - 2014

labor market institutions may sometimes favor physical and human capital investments in second-best environments. …

Persistent link: https://www.econbiz.de/10010812512

Labor Market Flows and Equilibrium Search Unemployment

Garibaldi, Pietro; Wasmer, Etienne - Institute for the Study of Labor (IZA) - 2001

This paper explicitly differentiates between unemployment and inactivity, by defining inactivity as a state in which … of large flows between employment, unemployment and inactivity. Secondly, it shows that unemployment and aggregate wages … individuals do not search for jobs when non-employed. Facing changes in the value of inactivity, individuals transit through three …

Persistent link: https://www.econbiz.de/10005763713

Labor Market Efficiency, Wages and Employment when Search Frictions Interact with Intrafirm Bargaining

Cahuc, Pierre; Wasmer, Etienne - Institute for the Study of Labor (IZA) - 2001

In search of a macroeconomic theory of wage determination, the agnostic reader should be puzzled by the apparent contradiction between two influential theories. On one hand, in the standard search-matching theory with wage bargaining, hiring cost and constant returns of labor, the bargaining...

Persistent link: https://www.econbiz.de/10005703320