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This paper develops a model of job creation and job destruction in a growing economy with embodied technical progress, that we use to analyze the political support for employment protection legislations such as the ones that are observed in most European countries. We analyze the possibility of...
Persistent link: https://www.econbiz.de/10014197577
This paper develops a model of job creation and job destruction in a growing economy with embodied technical progress, which I use to analyze the political support for employment protection laws such as the ones that are observed in most European countries. In voting in favor of employment...
Persistent link: https://www.econbiz.de/10014117252
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We analyze the political support for employment protection legislation. Unlike my previous work on the same topic, this paper pays a lot of attention to the role of obsolescence in the growth process. In voting in favor of employment protection, incumbent employees trade off lower living...
Persistent link: https://www.econbiz.de/10014204767
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Using population-level administrative data, we study labor market externalities stemming from age-specific employment protection legislation (EPL) targeted towards older workers. Our results show no economically meaningful overall effects of the EPL on employment or earnings of either men or...
Persistent link: https://www.econbiz.de/10014521189
We examine the timing of firms' operations in a formal model of labor demand. Merging a variety of data sets from Portugal from 1995-2004, we describe temporal patterns of firms' demand for labor and estimate production-functions and relative labor-demand equations. The results demonstrate the...
Persistent link: https://www.econbiz.de/10003784408