bargaining power. This paper estimates the effect of employment protection legislation (EPL) on workers' individual wages in a … quasi-experimental setting, exploiting a reform that introduced unjust-dismissal costs in Italy for firms below 15 employees …

I take a control function approach to overcome the difficulty raised by the simultaneity issue in the estimation of the … impact of unemployment duration on re-employment wages. I consider three alternative instruments, which are based on the … of censoring weighted estimation …

unemployment duration on the re-employment wages for workers 40 years of age and older are empirically estimated using a quasi …-structural model. The findings indicate that the re-employment wages for workers over age 40 decrease by 0.9% for each month that a … worker remains unemployed. Hence, the longer the worker remains unemployed, the lower are his/her re-employment wages. The …

spells and (ii) reduced reemployment wages. Although full insurance requires both unemployment benefits and wage insurance …