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Economists have concerns about the firing cost implications of mandated severance plans. Analysis reveals that predicted severance plan consequences depend critically on the precise structure of the plan. Whether governments mandate (i) severance insurance plans or (ii) severance savings plans...
Persistent link: https://www.econbiz.de/10008568289
This paper develops a simple model of employment, non-statutory redundancy pay and wage determination. An interesting … bargaining over redundancy pay has no impact on recent employment variation for plants in the sample; and third, that financial …
Persistent link: https://www.econbiz.de/10005791782
Efforts to insure long-tenured displacement workers against earnings losses from unemployment spells and lower wages on subsequent jobs have led to an array of government and employer programs. A policy typology is proposed to impose order on these programmatic efforts. The basic typology...
Persistent link: https://www.econbiz.de/10011455882
While most of the literature on employment protection has focused on government-mandated severance pay, it has recently …
Persistent link: https://www.econbiz.de/10010403663
Employer-provided severance pay in the U.S. emerged among salaried workers during the Great Depression as an alternative to modest advance notice and expanded in the late 1950s and 1960s, especially among union (hourly) workers. A variety of sources are employed to estimate variations in...
Persistent link: https://www.econbiz.de/10011737499
of long-service workers, and (ii) the growing formalism of the employment relationship. Reasonably consistent series are …
Persistent link: https://www.econbiz.de/10011737500
The unemployment protection systems that exist in most Latin American economies are generally considered inadequate in terms of providing insurance to workers. They may also encourage stratified labor markets and impose barriers to the employee's mobility and the firm's adjustment to changing...
Persistent link: https://www.econbiz.de/10010278335
The unemployment protection systems that exist in most Latin American economies are generally considered inadequate in terms of providing insurance to workers. They may also encourage stratified labor markets and impose barriers to the employee’s mobility and the firm's adjustment to changing...
Persistent link: https://www.econbiz.de/10009234512
high overall participation rate, due to a high frequency of part-time employment, a low effective retirement age and a high …
Persistent link: https://www.econbiz.de/10011277029
Employment protection legislation (EPL) forms part of the institutional framework governing labor market allocation … robust results are found for its adverse impact on the employment opportunities of certain sociodemographic groups … benefits, which – contrary to employment protection – do not affect the employment opportunities of specific sociodemographic …
Persistent link: https://www.econbiz.de/10008574656