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This paper examines the economic effects of employment protection legislation in a sample of developed and developing … associated with cross-country regressions. This test is based on the hypothesis that employment protection regulations are more … are intrinsically more volatile. The paper also finds that employment and value added decline in the most affected sectors …
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between the three core labor force states, employment, unemployment, and inactivity. The dynamics of these transitions depend … unemployment dynamics is the re-employment rate. …
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