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dynamic theory of plant-level labor demand that we develop. This model speaks clearly on one issue: firing costs drive a wedge …-1996 to look for real effects induced by two significant increases in the costs of dismissing employees. Similar to previous … firing costs. While we find no evidence that gaps increase for inputs that are not directly affected by firing costs, we find …
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imposed firing costs by outsourcing positions requiring the least firm-specific skills rather than those with the highest … expected termination costs. The empirical analysis indicates that one class of exception, the implied contractual right to … ongoing employment, led to 14 to 22 percent excess temporary help growth in adopting states. Unjust dismissal doctrines did …
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. To fill this gap, we build a general equilibrium model with heterogeneous agents and firing costs in the tradition of …
Persistent link: https://www.econbiz.de/10012467160
In this article, we estimate the costs of hiring, separation, and retirement of employees for a representative sample … costs are generally asymmetric (hiring is cheaper than terminations), increasing, and concave functions of the number of … entries or exits (either retirements or terminations). There is a fixed component to each of these costs that is related to …
Persistent link: https://www.econbiz.de/10012472704
We assess the quantitative impact of firing costs on aggregate total factor productivity (TFP) in a dynamic general …-equilibrium framework where the distribution of establishment-level productivity is not invariant to the policy. Firing costs not only … losses. Firing costs equivalent to 5 year's wages imply a drop in TFP of more than 20 percent. Factor misallocation accounts …
Persistent link: https://www.econbiz.de/10012455672
is costlier for workers to become unemployed and, hence, allows them to reduce overall agency costs. In the unique robust …
Persistent link: https://www.econbiz.de/10012456927
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reduction in 'firing costs' on movements in employment is assessed using manufacturing data by detailed industry for the period …
Persistent link: https://www.econbiz.de/10012474090