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Regulation or markets? : the case of employment contracts
MacLeod, William Bentley - In: CESifo economic studies : CESifo, a joint initiative of … 51 (2005) 1, pp. 1-46
Regulation of the employment contract is both wide spread and diverse. The diversity of regulation is surprising … suggested that the regulation of the employment relationship might be improved with the creation of a market for contracts …
Persistent link: https://www.econbiz.de/10002701452
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Employment subsidies and substitutable skills : an equilibrium matching approach
Cardullo, Gabriele (contributor);  … - 2006
The search-matching model is well suited for an equilibrium evaluation of labor market policies. When those policies are targeted on some groups, the usual juxtaposition of labor markets is however a shortcoming. There is a need for a setting where workers' productivity depends on employment...
Persistent link: https://www.econbiz.de/10003309270
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Employment Subsidies and Substitutable Skills : An Equilibrium Matching Approach
Van der Linden, Bruno; Cardullo, Gabriele - 2006
The search-matching model is well suited for an equilibrium evaluation of labor market policies. When those policies are targeted on some groups, the usual juxtaposition of labor markets is however a shortcoming. There is a need for a setting where workers' productivity depends on employment...
Persistent link: https://www.econbiz.de/10014059002
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Should serverance pay be consistent for all workers? : single, open-ended contracts with sesrverance pay smoothly rising with seniority can decrease both unemployment and job losse...
García Peréz, José Ignacio - 2015
The trend towards labor market flexibility in Europe has typically involved introducing legislation that makes it easier for firms to issue temporary contracts with low firing costs, while not changing the level of protection that is in place for permanent jobs. This has created a strong...
Persistent link: https://www.econbiz.de/10011433382
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Early contract renegotiation : an analysis of US labor contracts form 1970 to 1995
Rich, Robert W.; Tracy, Joseph S. - 2011
This paper examines the ex post flexibility of U.S. labor contracts during the 1970-95 period by investigating whether unanticipated changes in inflation increase the likelihood of a contract being renegotiated prior to its expiration. We find strong empirical support for this hypothesis....
Persistent link: https://www.econbiz.de/10009349611
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Macro-Welfare Effects of Flexible-Hour Contracts
Carreño, Jose; Uras, Burak - 2022
We develop a small open economy DSGE model to study the macro welfare effects of flexible labor contracts for an economy in a currency union. The framework exhibits two sectors: a fixed sector and a flex sector. The fixed sector offers contracts that exhibit rigidities in working-hours and wages...
Persistent link: https://www.econbiz.de/10013322479
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Employment protection, product market regulation and firm selection
Koeniger, Winfried (contributor); Prat, Julien (contributor) - 2006
This paper analyzes the effect of labor and product market regulation in a dynamic stochastic equilibrium with search …-and-firing (intensive) margin. We characterize analytically how both margins depend on regulation before we calibrate the model to the US … through firm selection. Finally, the opposite effect of product and labor market regulation on job turnover rationalizes the …
Persistent link: https://www.econbiz.de/10003278939
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Employment Protection, Product Market Regulation and Firm Selection
Koeniger, Winfried; Prat, Julien - 2021
This paper analyzes the effect of labor and product market regulation in a dynamic stochastic equilibrium with search …-and-firing (intensive) margin. We characterize analytically how both margins depend on regulation before we calibrate the model to the US … through firm selection. Finally, the opposite effect of product and labor market regulation on job turnover rationalizes the …
Persistent link: https://www.econbiz.de/10013317674
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Employment subsidies and substitutable skills: an equilibrium matching approach
Cardullo, Gabriele; van der Linden, Bruno - 2006
The search-matching model is well suited for an equilibrium evaluation of labor market policies. When those policies are targeted on some groups, the usual juxtaposition of labor markets is however a shortcoming. There is a need for a setting where workers' productivity depends on employment...
Persistent link: https://www.econbiz.de/10010276998
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Labor Contracts and Flexibility : Evidence from a Labor Market Reform in Spain
Aguirregabiria, Victor; Alonso-Borrego, Cesar - 2016
This paper evaluates the effects on employment, job turnover and productivity of a labor market reform in Spain that eliminated dismissal costs for fixed-term or temporary contracts. Our empirical results are based on a panel of 2356 Spanish manufacturing firms for the period 1982-1993. We...
Persistent link: https://www.econbiz.de/10014197335