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Privately optimal severance pay
Fella, Giulio; Tyson, Christopher J. - In: The B.E. journal of macroeconomics 13 (2013) 1, pp. 415-453
Persistent link: https://www.econbiz.de/10010228636
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Employment protection and capital-labor ratios
Janiak, Alexandre; Wasmer, Etienne - 2014
Employment protection (EPL) has a well known negative impact on labor flows as well as an ambiguous but often negative effect on employment. In contrast, its impact on capital accumulation and capital-labor ratio is less well understood. The available empirical evidence suggests a non-monotonic...
Persistent link: https://www.econbiz.de/10010387699
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Employment protection in dual labor markets : any amplification of macroeconomic shocks?
Lochner, Benjamin - In: The B.E. journal of macroeconomics 24 (2024) 1, pp. 249-304
Persistent link: https://www.econbiz.de/10014580491
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Employment protection in dual labor markets : any amplification of macroeconomic shocks?
Lochner, Benjamin - 2014
unemployment, this paper theoretically investigates the importance of labor market duality on labor market volatilities. The new … insight is that duality leads to a non-linear reaction of unemployment volatility for both supply and demand shocks. A … subsequent empirical panel data analysis confirms the model predictions. Uncovering the non-linearity in unemployment volatility …
Persistent link: https://www.econbiz.de/10010439587
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Unsettled : job insecurity reduces home-ownership
Lepinteur, Anthony; Clark, Andrew E.; D'Ambrosio, Conchita - 2024
We here evaluate the link between job insecurity and one of the most-important decisions that individuals take: homeownership. The 1999 rise in the French Delalande tax on firms that laid off older workers produced an unexpected exogenous rise in job insecurity for younger workers. A...
Persistent link: https://www.econbiz.de/10014544998
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Unsettled: job insecurity reduces home-ownership
Lepinteur, Anthony; Clark, Andrew E.; D'Ambrosio, Conchita - 2024 - This version: May 2024
Persistent link: https://www.econbiz.de/10014537213
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Does weaker employment protection lower the cost of job loss?
Francesconi, Marco; Sonedda, Daniela - 2024
Leveraging a major Italian reform enacted in June 2012 that eroded employment protection to workers on permanent contracts, we use detailed administrative data to estimate how this reduction affected the cost of job loss. We employ a stacked-by-event research design, which compares workers...
Persistent link: https://www.econbiz.de/10015077937
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Does weaker employment protection lower the cost of job loss?
Francesconi, Marco; Sonedda, Daniela - 2024
Leveraging a major Italian reform enacted in June 2012 that eroded employment protection to workers on permanent contracts, we use detailed administrative data to estimate how this reduction affected the cost of job loss. We employ a stacked-by-event research design, which compares workers...
Persistent link: https://www.econbiz.de/10015081326
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From dual to unified employment protection : transition and steady state
Dolado, Juan J.; Lalé, Etienne; Siassi, Nawid - 2016
This paper analyses the optimal design of a single open-ended contract (SOEC) and studies the political economy of moving towards such a SOEC in a labour market where employment protection is highly discontinuous. We develop a computationally tractable approach to compare two economic...
Persistent link: https://www.econbiz.de/10011476561
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Contractual employment protection and the scarring risk of unemployment
Jahn, Elke J. (contributor); Wagner, Thomas (contributor) - 2005
Risk-averse job seekers fearing the scarring effect of unemployment meet vacancies offering contractual employment … risk and the scarring risk of unemployment. SPC diversify the income risk, but provide only limited protection against the … of demand shocks or of finding a re-employment after a dismissal as well as lower public unemployment benefits increase …
Persistent link: https://www.econbiz.de/10003158655