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In this study we examine the contribution of severance pay to employment and unemployment development using data on industrialized OECD countries. Our starting point is Lazear?s (1990) empirical dictum that severance payment requirements adversely impact the labor market. We extend his sample...
Persistent link: https://www.econbiz.de/10010261645
Despite recent changes in the relationship between unionism and various indicators of firm performance, there is one …
Persistent link: https://www.econbiz.de/10010261937
This paper examines the pattern of employment adjustment in Portugal. First, the issue is addressed using a long time series of aggregate data. Although the employment data show persistence, there is nonetheless a fairly rapid rate of employment adjustment. Second, a much shorter time series of...
Persistent link: https://www.econbiz.de/10010262595