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This paper examines the economic effects of employment protection legislation in a sample of developed and developing countries. Implementing a difference-indifferences test lessens the potentially severe endogeneity and omitted variable problems associated with cross-country regressions. This...
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This study provides a critical assessment of various fiscal policy instruments - including direct public job creation, active labour market and care policies, social protection measures and tax reforms - and their effectiveness in supporting the most vulnerable groups in the labour market....
Persistent link: https://www.econbiz.de/10014496436
on the working week, employment and productivity. A baseline model economy is calibrated to reproduce the cross … in productivity. In the work-sharing scenario, the increase in employment (1.86%) comes at the expense of a lower … increase in productivity (1.31%). Finally, the full flexibility scenario preserves employment and generates a substantial …
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