Showing 1 - 10 of 6,383
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
This paper studies the impact of an unemployment protection legislation reform - a substitution between an experience … rated tax and firing costs - on the level and structure of unemployment by skills. In this purpose, we consider a matching … free entry condition and the tax rate aimed at financing unemployment benefits results from a balanced budget constraint …
Persistent link: https://www.econbiz.de/10014050738
We study a search model with employment protection legislation. We show that if the output from the match is uncertain ex ante, there may exist a discriminatory equilibrium where workers with the same productive characteristics are subject to different hiring standards. If a bad match takes...
Persistent link: https://www.econbiz.de/10010274292
We study a search model with employment protection legislation. We show that if the output from the match is uncertain ex ante, there may exist a discriminatory equilibrium where workers with the same productive characteristics are subject to different hiring standards. If a bad match takes...
Persistent link: https://www.econbiz.de/10010285604
We study a search model with employment protection legislation. We show that if the output from the match is uncertain ex ante, there may exist a discriminatory equilibrium where workers with the same productive characteristics are subject to different hiring standards. If a bad match takes...
Persistent link: https://www.econbiz.de/10003885420
We study a search model with employment protection legislation. We show that if the output from the match is uncertain ex ante, there may exist a discriminatory equilibrium where workers with the same productive characteristics are subject to different hiring standards. If a bad match takes...
Persistent link: https://www.econbiz.de/10003891703
Wage determination under asymmetric information generates inefficiencies due to excess turnover. Severance pay and layoff taxes can improve efficiency. We show that inefficient separations can even be fully removed with fixed separation taxes in the case where the relevant private information is...
Persistent link: https://www.econbiz.de/10003906313
unemployment and welfare. We show that firing costs and temporary employment have opposite effects on educational choices. We …
Persistent link: https://www.econbiz.de/10003941789
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/10013049729
unemployment and welfare. We show that firing costs and temporary employment have opposite effects on educational choices. We …
Persistent link: https://www.econbiz.de/10013146825