Vindigni, Andrea; Scotti, Simone; Tealdi, Cristina - In: Journal of Labor Economics 33 (2015) 1, pp. 209-209
This paper investigates social preferences over employment protection regulation in a general equilibrium model of dynamic labor demand and sheds some light on the comparative dynamics of Eurosclerosis. When firing costs are low, a transition to a rigid labor market is favored by all the...