Debate over regulation of dismissals has been intense in recent years, and renewed in the lead-up to the 2012 review of the operation of the Fair Work Act. This paper reviews the economically relevant aspects of the legislative changes from the Workplace Relations Act which operated from...

In many countries, labor courts play a central role in the determination of firing costs by monitoring and supervising the procedures for dismissals, and, eventually, deciding severance payments mandated by the employment protection legislation (EPL). To get some insights about the impact of...

Labor market institutions that may weaken workers' bargaining leverage have received increased scrutiny in recent years. One example is noncompete agreements, which prevent workers from freely moving across employers, potentially weakening earnings growth. New data sources and empirical evidence...

The Charter of Workers' Rights was a major achievement of the Italian Socialist Party and of the center-left governments. This article explores some of the factors in the international context that allowed for a period of reforms in Italy. Changes in the policies of the US administration; a...

Using the analytical tools of New Institutional Economics it can be shown that efficient employment protection should be differentiated according to the amount and kind of the worker's investment in human capital. Hence, employment protection serves different purposes in different cases. A...