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productivity and a risky technology with productivity subject to sizeable shocks. Strict EPL makes the risky technology relatively … less attractive because it is more costly to shed workers upon receiving a low productivity draw. We calibrate the model … mechanism can explain a considerable portion of the slowdown in productivity in the EU relative to the US since 1995 …
Persistent link: https://www.econbiz.de/10013133623
productivity and a risky technology with productivity subject to sizeable shocks. Strict EPL makes the risky technology relatively … less attractive because it is more costly to shed workers upon receiving a low productivity draw. We calibrate the model … mechanism can explain a considerable portion of the slowdown in productivity in the EU relative to the US since 1995 …
Persistent link: https://www.econbiz.de/10013133648
choosing the emerging risky technology because it is more costly to shed workers upon receiving a bad productivity draw. This … mechanism helps explain the lowdown in productivity in the EU relative to the US since the mid-1990s that often is associated …
Persistent link: https://www.econbiz.de/10013118976
productivity and a risky technology with productivity subject to sizeable shocks. Strict EPL makes the risky technology relatively … less attractive because it is more costly to shed workers upon receiving a low productivity draw. We calibrate the model … mechanism can explain a considerable portion of the slowdown in productivity in the EU relative to the US since 1995. …
Persistent link: https://www.econbiz.de/10011380171
productivity and a risky technology with productivity subject to sizeable shocks. Strict EPL makes the risky technology relatively … less attractive because it is more costly to shed workers upon receiving a low productivity draw. We calibrate the model … mechanism can explain a considerable portion of the slowdown in productivity in the EU relative to the US since 1995 …
Persistent link: https://www.econbiz.de/10003959174
Labour market segmentation currently is at the forefront of national and European policy debates. While the European Commission and the OECD try to promote what they see as more inclusive policies, academic observers remain skeptical. Particularly the dualisation literature points to stable...
Persistent link: https://www.econbiz.de/10012003759
Persistent link: https://www.econbiz.de/10003973969
Persistent link: https://www.econbiz.de/10009011312
comparing the UK's manufacturing labour productivity performance with those of three countries - France, Germany and Sweden … - that possess more stringent employment protection laws. The findings reveal that while productivity growth in the UK was … of a straightforward negative relationship between regulatory stringency and productivity growth. …
Persistent link: https://www.econbiz.de/10011933499
Persistent link: https://www.econbiz.de/10011720893