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The goal of this paper is to detect the degree to which court decisions control the stringency of employment protection and to investigate how such judicial discretion affects labor market performance. However, identification difficulty arises because court decisions are volatile against...
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The paper analyses the arbitration of dismissal disputes by Australian labour courts over a 15 years' time span … characterized by two major legal reforms to unfair dismissal statutes. We isolate two channels by which we think the social values … dismissal cases. We also test for and address the Priest-Klein selection effect, which is known to potentially invalidate …
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