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In academia, a subset of faculty has tenure, which allows its beneficiaries to retain their professorships without mandatory retirement and with only limited grounds for revocation. Proponents of tenure argue it protects intellectual freedom and encourages investment in human capital. Detractors...
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reform as a "natural experiment".We provide insights into the effects of legislation on the firms’ matching behaviour. Our … results hint at increased job security after the reform for those spells affected by it. This rise in stability was, however …
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