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Using plant-level data from the Annual Survey of Industries (ASI) for the fiscal years from 1998-99 through 2007-08, this study provides plant-level cross-state/time-series evidence of the impact of employment protection legislation (EPL) on total factor productivity (TFP) and labour...
Persistent link: https://www.econbiz.de/10009645227
I theoretically and empirically show that dismissal laws - laws that impose hurdles on firing of employees - spur innovation and thereby economic growth. Theoretically, dismissal laws make it costly for firms to arbitrarily discharge employees. This enables firms to commit to not punish...
Persistent link: https://www.econbiz.de/10011944230
We show that wrongful discharge laws - laws that inhibit the common-law doctrine of "employment-at-will" - spur innovation. In our model, wrongful discharge laws make it costly for firms to arbitrarily discharge employees. This enables firms to commit to not punish short-run failures of...
Persistent link: https://www.econbiz.de/10013039054
Minimum wage policy is regarded as an essential policy tool for improving the welfare of low-paid workers, reducing working poverty and inequality within the labour market. The Government of India recently undertook reform in the country's wage policy and enacted the Code on Wages in August...
Persistent link: https://www.econbiz.de/10012824879
We provide empirical evidence that strong dismissal laws appear to have a positive effect on the innovative pursuits of firms and their employees. Stringent labor laws provide firms a commitment device to not punish short-run failures and thereby spur their employees to pursue value-enhancing...
Persistent link: https://www.econbiz.de/10012710843
We provide empirical evidence that strong dismissal laws appear to have a positive effect on the innovative pursuits of firms and their employees. Stringent labor laws provide firms a commitment device to not punish short-run failures and thereby spur their employees to pursue value-enhancing...
Persistent link: https://www.econbiz.de/10012753196
I theoretically and empirically show that dismissal laws - laws that impose hurdles on firing of employees - spur innovation and thereby economic growth. Theoretically, dismissal laws make it costly for firms to arbitrarily discharge employees. This enables firms to commit to not punish...
Persistent link: https://www.econbiz.de/10011858380
We show that wrongful discharge laws - laws that protect employees against unjust dismissal - spur innovation and new firm creation. Wrongful discharge laws, particularly those that prohibit employers from acting in bad faith ex post, limit employers' ability to hold up innovating employees...
Persistent link: https://www.econbiz.de/10010951443
This paper critiques The Regulation of Labor, an empirical study recently published by Juan C. Botero, Simeon Djankov, Rafael La Porta, Florencio Lopez-de-Silanes, and Andrei Shleifer in the Quarterly Journal of Economics. The Regulation of Labor extends these authors' comparative research to...
Persistent link: https://www.econbiz.de/10014058525
For almost two decades, a sexual predator groomed and abused hundreds of young, female athletes. All the while, he held an esteemed position as the national team doctor for USA Gymnastics, the national governing body for the sport of U.S. gymnastics, and served on the faculty at Michigan State...
Persistent link: https://www.econbiz.de/10014112017