on panel data for West Germany indicate that the legal change did have a negative effect on severance pay. -- panel data …

Changes in Dismissal Protection Legislation in Germany have been a subject to ongoing research in the past decade. The … reform as a "natural experiment".We provide insights into the effects of legislation on the firms’ matching behaviour. Our … results hint at increased job security after the reform for those spells affected by it. This rise in stability was, however …