The strong link between health insurance and employment in the United States may cause workers to delay retirement until they become eligible for Medicare at age 65. However, some employers extend health insurance benefits to their retirees, and individuals who are eligible for such retiree...

Just as in established market economies, many Russian firms provide non-wage benefits such as housing, medical care or day care to their employees. Interpreting this as a strategic choice of firms in an imperfect labor market, this paper examines unique survey data for 404 large and medium-size...

This paper studies how firms adapt hours and employment to changes in business conditions. For this purpose we build a formal model which accounts for dynamic uncertainty and costly adjustments on both margins of the labour input. Using stochastic methods we find that the optimal employment...

This paper provides new empirical evidence on the magnitude and the determinants of a firm's costs to fill a vacancy. We establish empirical facts about hiring costs based on representative establishment-level data from Switzerland. In 2009, average costs to fill a vacancy for a skilled worker...

This paper uses the job creation and destruction model of the search and matching type proposed by García-Pérez and Osuna (2014) to study the effectiveness of subsidizing permanent job creation as a strategy to reduce labour market segmentation between permanent and temporary contracts. The...

This paper investigates the effect of job displacement on access to employer-provided fringe benefits. We find that displacement is associated with lost access to all seven employer-provided benefits investigated. These losses increase the cost of displacement by 10% per year.

This paper examines the economic effects of employment protection legislation in a sample of developed and developing countries. By implementing a difference-in-differences test, we lessen the potentially severe endogeneity and omitted variable problems associated with cross-country regressions....

En este trabajo se analiza el efecto de los costes de despido sobre el nivel de empleo de España. A tal fin, se plantea un modelo de demanda de trabajo de dos periodos con incertidumbre. En dicho modelo, la presencia de futuros costes de despido volverá al empresario más cauto a la hora de...

Current and expected job tenure have fallen significantly over the last two decades. Over the same period, traditional defined benefit pensions, designed to reward long tenure, have become steadily less common. This paper uses a contract-theoretic matching model with moral hazard to explain...

Theory predicts that mandated employment protections may reduce productivity by distorting production choices. Firms facing (non-Coasean) worker dismissal costs will curtail hiring below efficient levels and retain unproductive workers, both of which should affect productivity. These theoretical...