The theoretical predictions of how employment protection affects firm productivity are ambiguous. In this paper I study … the effect of employment protection rules on labor productivity using micro data on Swedish firms. A reform of the … employment protection rules in 2001 made it possible for small firms with less than eleven employees to exempt two workers from …

effect on total hours worked, there is some evidence that they reduced the hours of both low-skilled and middle …

quantifying the link between firms' value and gross hiring flows, employment, gross investment flows, and physical capital. We …. Hiring and investment flows, unlike employment and capital stocks, are volatile and both are essential to account for market …

This paper derives optimal employment contracts when workers are risk averse and there are employment and unemployment … risks. Without income insurance, consumption rises during employment and falls during unemployment. Optimal employment … contracts offer severance compensation to smooth consumption during employment without causing moral hazard. A preannounced …