In an efficiency wage economy, lump-sum severance pay from which shirkers can be excluded raises employment. However … employment effects if effort can be varied continuously. A substitution of the earnings-related for the lump-sum component … reduces employment. Thus, the prevalent form of severance payments in OECD countries might have less advantageous employment …

pension payments. Therefore, such accounts make unemployment less attractive, intensify job search, and raise employment. In … the present paper the wage and employment consequences of UISAs are investigated in a model of collective wage … bargaining creates additional impediments for the positive employment consequences of UISAs. …

In an efficiency wage economy, lump-sum severance pay from which shirkers can be excluded raises employment. However … employment effects if effort can be varied continuously. A substitution of the earnings-related for the lumpsum component reduces … employment. Thus, the prevalent form of severance payments in OECD countries might have less advantageous employment effects than …

In an efficiency wage economy, lump-sum severance pay from which shirkers can be excluded raises employment. However … employment effects if effort can be varied continuously. A substitution of the earnings-related for the lump-sum component … reduces employment. Thus, the prevalent form of severance payments in OECD countries might have less advantageous employment …

shown that a fixed payment will lower wages, leave employment and welfare unaffected if there are no wage-dependent taxes … firing costs and unemployment benefits are independent of redundancy pay, employment and welfare will rise with redundancy … payments. If these payments are also a function of previous wages, positive employment effects will be mitigated. A …

In an efficiency wage economy, lump-sum severance pay from which shirkers can be excluded raises employment. However … employment effects if effort can be varied continuously. A substitution of the earnings-related for the lumpsum component reduces … employment. Thus, the prevalent form of severance payments in OECD countries might have less advantageous employment effects than …

and increase employment. Thisraises the question as to how the benefit structure is determined in the political process... …

earnings-related benefits is thus characterised by higher employment than one with flat-rate benefits. It is investigated under …

Due to the complexity of employment protection legislation (EPL) in Germany, there is notable uncertainty about the …

Due to the complexity of employment protection legislation (EPL) in Germany, there is notable uncertainty about the …