This paper examines the impact of employment protection legislation on productivity in the OECD, using annual cross …-country aggregate data on the degree of regulations and industry-level data on productivity from 1982 to 2003. We adopt a "difference …-in-differences" framework, which exploits likely differences in the productivity effect of dismissal regulations in different industries. Our …

This paper examines the impact of employment protection legislation on productivity in the OECD, using annual cross …-country aggregate data on the degree of regulations and industry-level data on productivity from 1982 to 2003. We adopt a "difference …-in-differences" framework, which exploits likely differences in the productivity effect of dismissal regulations in different industries. Our …

. Second, using productivity measures for U.S. industries as an instrument, we find that the effect of EPL on privatization is …Is privatization in a country related to the stringency of its employment protection laws (EPL) – and, if so, how? We … address this question using privatization deals in fourteen European countries over three decades and all the changes in EPL …

Do employment protection laws hinder privatization? Using privatization deals in fourteen European countries from 1977 … significantly deter privatization. The fear of job cuts apparently leads organized labor in the state-owned enterprises to … vehemently oppose privatization. We find that stringent employment protection laws inhibit privatization disproportionately more …