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is costlier for workers to become unemployed and, hence, allows them to reduce overall agency costs. In the unique robust …
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is costlier for workers to become unemployed and, hence, allows them to reduce overall agency costs. In the unique robust …
Persistent link: https://www.econbiz.de/10012456927
cost distortions by substituting severance savings plans, which have zero firing costs. Indeed severance insurance plans …
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We develop a theory of endogenous and stochastic fluctuations in economic activity. Individual firms choose to randomize over firing or keeping workers who performed poorly in the past to give them an ex-ante incentive to exert effort. Different firms choose to correlate the outcome of their...
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In many countries, labor courts play a central role in the determination of firing costs by monitoring and supervising … legislation (EPL). To get some insights about the impact of labor courts on effective firing costs, we explore a new database that … did not fully translate the reduction of firing costs mandated by the new EPL to effective firing costs. …
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In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment … dismissed than high quality workers. Moreover, as hiring and firing costs increase, firms find it more costly to hire a bad … states that raised firing costs by introducing exceptions to the employment-at-will doctrine. …
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This paper is the first to analyze the costs of job loss in Russia, using unique new data from the Russian Longitudinal … centrally planned economy as well as to a wider occurrence of job insecurity among displaced workers. -- Costs of job loss …
Persistent link: https://www.econbiz.de/10009247583