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Firing tax vs severance payments : an unequal comparison

Wesselbaum, Dennis - In: Journal of economic studies 41 (2014) 5, pp. 721-736

Persistent link: https://www.econbiz.de/10011338446

Labor-market frictions, incomplete insurance and severance payments

Lalé, Etienne - In: Review of economic dynamics 31 (2019), pp. 411-435

Persistent link: https://www.econbiz.de/10012229454

Firing tax vs severance payments – an unequal comparison

Wesselbaum, Dennis - In: Journal of Economic Studies 41 (2014), pp. 721-736

and analyze the differences for business cycle dynamics and welfare. Design/methodology/approach–The paper builds a … volatility over the cycle and have stronger negative welfare effects. Severance payments have a lower volatility, reduce … unemployment, and reduce welfare by a smaller amount. Practical implications–Policy reforms should be aimed to use severance …

Persistent link: https://www.econbiz.de/10011096770

Firing tax vs severance payments – an unequal comparison

Wesselbaum, Dennis - In: Journal of Economic Studies 41 (2014) 5, pp. 721-736

and analyze the differences for business cycle dynamics and welfare. Design/methodology/approach – The paper builds a … volatility over the cycle and have stronger negative welfare effects. Severance payments have a lower volatility, reduce … unemployment, and reduce welfare by a smaller amount. Practical implications – Policy reforms should be aimed to use severance …

Persistent link: https://www.econbiz.de/10014864505

The Plaintiff's role in enforcing a court ruling: Evidence from a labor court in Mexico

Kaplan, David S.; Sadka, Joyce - 2011

We analyze the outcomes of 332 cases from a labor court in Mexico in which a judge awarded money to a plaintiff who claimed to have been fired by a firm without cause. The judgments were enforced in only 40% of the cases. A plaintiff may try to enforce a judgment by petitioning the court to...

Persistent link: https://www.econbiz.de/10011314071

Severance Payments for Dismissed Employees in Germany

Grund, Christian - 2004

This contribution investigates severance payments for dismissed employees in Germany. Particularly, it responds to the following questions: Who receives severance payments? By which characteristics is the level of severance payments determined? Is overcompensation to be considered a relevant...

Persistent link: https://www.econbiz.de/10010263081

Earnings-related severance pay

Goerke, Laszlo - 2006

In an efficiency wage economy, lump-sum severance pay from which shirkers can be excluded raises employment. However, severance payments are usually related to wages. It is shown that earnings-related, mandated severance pay will have ambiguous employment effects if effort can be varied...

Persistent link: https://www.econbiz.de/10003355561

Insuring displaced workers : human capital losses and severance pay design

Feng, Shuaizhang (contributor); … - 2006

Displaced workers, especially long tenured workers, face large human capital losses. Private firms frequently offer insurance against this threat in the form of severance pay -- scheduled benefits linked in expectation to the worker's human capital loss. We explore this linkage, first reviewing...

Persistent link: https://www.econbiz.de/10003355567

An economic analysis of dismissal legislation : determinants of severance pay in West Germany

Goerke, Laszlo; Pannenberg, Markus - 2009

Severance pay is a vital part of employment protection legislation (EPL). We investigate the incidence and level of severance pay for dismissed employees. Our theoretical model predicts that not only the law and its interpretation by labour courts but also the costs of a suit have an impact....

Persistent link: https://www.econbiz.de/10003905643

The firing cost implications of alternative severance pay designs

Parsons, Donald O. - 2010

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/10003968599