This paper analyzes the effect of firing costs on aggregate productivity growth. For this purpose, a model of … firms, and is sustained as entrants imitate the best incumbents. In this framework, firing costs not only induce … misallocation of labor, but also affect growth by affecting firms' exit decisions. Importantly, charging firing costs only to …

seminal study, Lazear (1990) found that contract avoidance of severance pay firing costs was theoretically simple – a bonding …, formal measures of severance-induced firing costs and hiring costs are derived. Firing costs are, it turns out …, systematically less than benefit generosity alone would imply. Moreover their interrelationship with hiring costs, often employed in …

Dismissal disputes occur mostly in recessions and often lead to long and costly contract termination procedures. This …- work that corresponds with general dismissal legislation, but is sufficiently flexible to accommodate country …-specific legislation. Detailed information from a sample of 2,191 disputes that occurred in the Netherlands between 2006 and 2009 is used …

costs for firms to the extent that they induce a strong negative buzz involving the company name …

are better protected against downsizing due to larger productivity shocks and larger firing costs …