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reform was followed by a decline in dismissals as well as by a significant rise in overall separation rates. By promoting …
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Job displacement represents a serious earnings risk to long-tenured workers through lower re-employment wages, and these losses may persist for many years. Moreover, this risk is often poorly insured, although not for a lack of policy interest. To reduce this risk, most countries mandate...
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Job displacement poses a serious earnings threat to long-tenured workers through unemployment spells and lower re-employment wages. The prevailing method of insuring job displacement losses involves an uncoordinated combination of unemployment insurance and severance pay. Less developed...
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In this article we model the determinants of severance pay for individual dismissals in Spain, following an idea … severance pay for dismissals on economic grounds than on disciplinary ones, which could explain the perceptions held about the … wide use of disciplinary dismissals in Spain. In addition, this approach could be useful in designing labour market reforms …
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The Canada Dry pensions system is in some countries one of the frequent routes to early retirement. It constitutes an informal substitute for early retirement programs. Accordingly, firms lay off aged workers they find costly for what they produce and, to get their support, supplement...
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