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This paper examines the impact of increasing the relative cost of fixed-term contracts on labor demand as well as the demand for standard measures of human capital and specific skill requirements. We evaluate a 2018 Italian labor law reform that raised the cost of fixed- term contracts while...
Persistent link: https://www.econbiz.de/10014391204
This paper examines the impact of increasing the relative cost of fixed-term contracts on labor demand as well as the demand for standard measures of human capital and specific skill requirements. We evaluate a 2018 Italian labor law reform that raised the cost of fixed-term contracts while...
Persistent link: https://www.econbiz.de/10014383624
Laws on hiring and firing are intended to protect workers from unfair behavior by employers, to counter imperfections in financial markets that limit workers' ability to insure themselves against job loss, and to preserve firm-specific human capital. But by imposing costs on firms' adaptation to...
Persistent link: https://www.econbiz.de/10011413798
The theoretical predictions of how employment protection affects firm productivity are ambiguous. In this paper I study the effect of employment protection rules on labor productivity using micro data on Swedish firms. A reform of the employment protection rules in 2001 made it possible for...
Persistent link: https://www.econbiz.de/10010494785
In countries with strong employment protection laws it is often considered to be unwise to hire a woman in childbearing age because she might get pregnant. However, such labour demand effects of job protection measures related to maternity leave are often rather anecdotal. To provide analytical...
Persistent link: https://www.econbiz.de/10013046727
Die vorliegende Arbeit untersucht Unterschiede in der Arbeitsnachfrage von Familienbetrieben zu anderen Firmen. Wie in … Arbeitsnachfrage zwischen Familienbetrieben und anderen Firmen mit der Unternehmensgröße zu verringern. …
Persistent link: https://www.econbiz.de/10011701329
Firms respond to laws increasing employee protection by reducing both employment and capital expenditures. They use earnings management to meet earnings benchmarks less while experiencing significantly higher returns on investments, suggesting that employee protection potentially constrains...
Persistent link: https://www.econbiz.de/10012854830
In many countries, labor courts play a central role in the determination of firing costs by monitoring and supervising the procedures for dismissals, and, eventually, deciding severance payments mandated by the employment protection legislation (EPL). To get some insights about the impact of...
Persistent link: https://www.econbiz.de/10012242138
The Employment Protection Legislation (EPL) has been at the heart of many analyses with regard to its macroeconomic impact on the labor market outcomes. However, some more recent literature studies the effects of the EPL, specially concerning the individual dismissal, on the behavior of economic...
Persistent link: https://www.econbiz.de/10012777575
Employment protection harms early-career employees without benefitting them in later career stages (Leonardi and Pica, 2013). We demonstrate that this pattern can result from employers exploiting na¨ıve present-biased employees. Employers offer a dynamic contract with low early-career wages,...
Persistent link: https://www.econbiz.de/10014476854