unemployment in Europe. Using Faccini's data and his estimation methods, we show that the Fixed Effects estimation results collapse … evidence to support the conclusion that greater use of temporary contracts would decrease unemployment. …

labor frictions. Under standard assumptions, theory always implies a motononic negative link between capital-labor ratios …

In this study we examine the contribution of severance pay to employment and unemployment development using data on …-varying labor market institutions. While the positive effect of severance pay on unemployment garners some support, there is no real …

insiders to firing restrictions does not necessarily worsen unemployment. In fact, it may be the willingness of a majority of … unemployment and deteriorates efficiency. Moreover, we argue, that the concentration of firm ownership is likely to influence labor …

We provide evidence on how two important types of institutions – dismissal barriers, and bonus pay – affect contract … enforcement behavior in a market with incomplete contracts and repeated interactions. Dismissal barriers are shown to have a … incentive device. Dismissal barriers also distort the dynamics of worker effort levels over time, cause firms to rely more on …

In many countries, Employment Protection Legislation (EPL) establishes less strict dismissal procedures for specific … results point out that EPL reforms achieve the largest reduction in unemployment when they are targeted to workers with lower …

EPL varying among workers of different skills on the level and composition of unemployment, job flows, productivity and …