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Persistent link: https://www.econbiz.de/10010202177
We investigate the impact of employment protection on firms' credit access by looking at both credit obtained from banks and firms' decision to apply for a loan. We find that greater flexibility in structuring the employees' working hours and in dismissing employees increases the probability...
Persistent link: https://www.econbiz.de/10011647887
-country reform database on labour market reforms with matched firm-bank data for nine euro area countries over the period 1999 to … 2013. While we find that labour market reforms are overall effective in increasing employment, restricted access to bank … cannot reap the full benefits of more flexible employment regulation. …
Persistent link: https://www.econbiz.de/10012021559
We offer new evidence on the real effects of credit shocks in the presence of employment protection regulations by exploiting a unique provision in Spanish labor laws: dismissal rules are less stringent for Spanish firms with fewer than 50 employees, lowering the cost of hiring new workers....
Persistent link: https://www.econbiz.de/10011871918
We offer new evidence on the real effects of credit shocks in the presence of employment protection regulations by exploiting a unique provision in Spanish labor laws: dismissal rules are less stringent for Spanish firms with fewer than 50 employees, lowering the cost of hiring new workers....
Persistent link: https://www.econbiz.de/10012915079
Persistent link: https://www.econbiz.de/10012309646
This paper provides robust estimates of the impact of both product and labor market regulations on unemployment using data from 24 European countries over the period 1998–2013. Controlling for country fixed effects, endogeneity, and a large set of covariates, results show that product market...
Persistent link: https://www.econbiz.de/10012144890
In April 2006, in the UK, came into force new rules relating to the obligations incumbent upon business owners if they pursue their alienation. These regulations come to meet several Europeandirective which seeks to ensure employees' rights and prevent any abuses. In this respect, the main...
Persistent link: https://www.econbiz.de/10011991965
This paper provides robust estimates of the impact of both product and labour market regulations on unemployment using data for 24 European countries over the period 1998-2013. Controlling for country-fixed effects, endogeneity and a large set of covariates, results show that product market...
Persistent link: https://www.econbiz.de/10011871988
Persistent link: https://www.econbiz.de/10000738626