Schellhaaß, Horst M.; Nolte, Ansgar - In: Journal of Economics and Statistics (Jahrbuecher fuer … 218 (1999) 3+4, pp. 415-432
Using the analytical tools of New Institutional Economics it can be shown that efficient employment protection should be differentiated according to the amount and kind of the worker's investment in human capital. Hence, employment protection serves different purposes in different cases. A...