; severance pay ; moral hazard ; firing costs …

Job-to-job turnover provides a way for employers to escape statutory firing costs, as unprofitable workers may … willfully quit their job on receiving an outside offer, thus sparing their incumbent employer the firing costs. Furthermore … employed job search, our model explains why higher firing costs intensify job-to-job turnover at the expense of transitions out …

We develop a new methodology to estimate the elasticity of urban costs with respect to city population using French … elasticity of unit land prices with respect to city population. For the latter, our preferred estimate is 0.72. -- urban costs …

paper, we show that frictions in the labour market leading to monitoring costs tend to reduce the growth of the firm via two … to both frictions in the credit and labour markets. -- entrepreneurship ; monitoring costs ; credit constraint …

investment costs. It is significant and negatively signed, implying complementarity between investment and hiring. There is a … substantial role for aggregate labor market conditions in hiring costs, whereby the latter are lower in "good times." The fit of …

The paper provides a framework for the conceptualization, definition and estimation of legacy costs that need to be … NDC reform in China. -- legacy costs ; pension reform ; NDC ; coverage expansion …

quasi-experimental setting, exploiting a reform that introduced unjust-dismissal costs in Italy for firms below 15 employees … and left firing costs unchanged for bigger firms. Accounting for the endogeneity of the treatment status, we find that …