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Efficiency wages theories argue that the threat of firing, coupled with a high unemployment rate, is a mechanism that … discourages employee shirking in asymmetric information contexts. Our empirical analysis aims to verify the role of unemployment …, we investigate the relationship between worker’s absences and local unemployment rate (at the provincial level). We find …
Persistent link: https://www.econbiz.de/10013315813
Risk-averse job seekers fearing the scarring effect of unemployment meet vacancies offering contractual employment … risk and the scarring risk of unemployment. SPC diversify the income risk, but provide only limited protection against the … of demand shocks or of finding a re-employment after a dismissal as well as lower public unemployment benefits increase …
Persistent link: https://www.econbiz.de/10013318182
mainly on dismissals protection, distinguishing between the themes of employment and unemployment development and labor … market dynamics proper. Our discussion of employment and unemployment largely deals with the effect of employment protection …
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The effect of employment protection legislation (EPL) on unemployment and employment levels is still an unresolved … that EPL has no statistically significant effect on the unemployment level. Based on 42 studies, I find that EPL decreases …
Persistent link: https://www.econbiz.de/10011573292
unemployment and active labor market programs (ALMPs), utilizing a reform that decreased dismissal costs for small firms only … unemployment and some ALMPs. Our results suggest that there was less screening of new hires after the reform, and that … liberalization of EPL mitigates the stigma associated with unemployment and participation in ALMPs. …
Persistent link: https://www.econbiz.de/10011943436