dismissed than high quality workers. Moreover, as hiring and firing costs increase, firms find it more costly to hire a bad … states that raised firing costs by introducing exceptions to the employment-at-will doctrine. …

dismissed than high quality workers. Moreover, as hiring and firing costs increase, firms find it more costly to hire a bad … states that raised firing costs by introducing exceptions to the employment-at-will doctrine. …

This article provides theoretical and empirical analyses of a firing costs model with adverse selection. Our theory … suggests that, as firing costs increase, firms increasingly prefer hiring employed workers, who are less likely to be lemons …. Estimates of re-employment probabilities from the National Longitudinal Survey of Youth support this prediction. Unjust-dismissal …

dismissed than high quality workers. Moreover, as hiring and firing costs increase, firms find it more costly to hire a bad … raised firing costs by introducing exceptions to the employment-at-will doctrine …