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High levels of employment protection reduce hiring and firing and have a theoretically ambiguous effect on the employment level. Immigrants, being new to the labor market, may be less aware of employment protection regulations and less likely to claim their rights, which may create a gap between...
Persistent link: https://www.econbiz.de/10012759354
Efficiency wages theories argue that the threat of firing, coupled with a high unemployment rate, is a mechanism that … discourages employee shirking in asymmetric information contexts. Our empirical analysis aims to verify the role of unemployment …, we investigate the relationship between worker's absences and local unemployment rate (at the provincial level).We find a …
Persistent link: https://www.econbiz.de/10013089002
This paper analyzes the joint effect of EPL and financial market imperfections on investment, capital-labour substitution, labour productivity and job reallocation in a cross-country framework. In the spirit of Rajan and Zingales (1998) and Ciccone and Papaioannou (2006), we exploit variation in...
Persistent link: https://www.econbiz.de/10013159932
Labour market segmentation currently is at the forefront of national and European policy debates. While the European Commission and the OECD try to promote what they see as more inclusive policies, academic observers remain skeptical. Particularly the dualisation literature points to stable...
Persistent link: https://www.econbiz.de/10012870171
contours of the EPL reform. In this article we used an equilibrium unemployment model to investigate the virtue of an EPL … rating is desirable, not only as a part of unemployment compensation finance as most studies acknowledge but also as part and …
Persistent link: https://www.econbiz.de/10013317441
countries have experienced a steep increase in unemployment, employment in other developed economies has not fallen in parallel … performance can explain the development of unemployment in the situation of crisis in some clusters of countries much better than …
Persistent link: https://www.econbiz.de/10013141223
This paper presents and discusses new data on employment protection legislation (EPL) in the successor states of the former USSR - the CIS and Baltic states - over 25 years from 1985 to 2009. We use the OECD methodology (OECD EPL, version II) for assessing the strictness of national labor laws...
Persistent link: https://www.econbiz.de/10013135176
Theory predicts that the wage effects of government-mandated severance payments depend on workers' and firms' relative bargaining power. This paper estimates the effect of employment protection legislation (EPL) on workers' individual wages in a quasi-experimental setting, exploiting a reform...
Persistent link: https://www.econbiz.de/10013135629
The aim of this paper is to investigate the effect of Employment Protection Legislation (EPL) on fertility decisions of Italian working women using administrative data. We exploit a reform that introduced in 1990 costs for dismissals unmotivated by a 'fair cause' or 'justified motive' in firms...
Persistent link: https://www.econbiz.de/10013104956
This paper tests whether the job security offered by stricter employment protection legislation (EPL) undermines positive compensating wage differentials that would otherwise be paid. Specifically, we ask whether industries with relatively more need for layoffs and labour flexibility have lower...
Persistent link: https://www.econbiz.de/10012911172