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Job insecurity can have wide-ranging consequences outside of the labour market. We here argue that it reduces fertility amongst the employed. The 1999 rise in the French Delalande tax, paid by large private firms when they laid off workers aged over 50, produced an exogenous rise in job...
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size class. This suggests that stricter EPL restrains job creation because firms fear the costs of shedding jobs during …
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Although labor market duality is a widespread phenomenon in many OECD countries, there is yet no research consent on the effects of duality on labor market dynamics and performance. Against this background, using a New Keynesian model with unemployment, this paper theoretically investigates the...
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) for assessing the strictness of national labor laws with respect to employers' firing costs. In addition to the overall … the former USSR with respect to firing costs were extremely rigid and were subsequently liberalized by the 15 successor …
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This article surveys the literature and adds to the evidence on the impact of employment protection legislation on employment. While stringent employment protection contributes to less turnover and job reallocation, the effects on aggregate employment and unemployment over the business cycle are...
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