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Assesing the political viability of labour market reform: The case of employment protection

Paul, Gilles Saint - Department of Economics and Business, Universitat … - 1998

We analyze the political support for employment protection legislation. Unlike my previous work on the same topic, this paper pays a lot of attention to the role of obsolescence in the growth process. In voting in favour of employment protection, incumbent employees trade off lower living...

Persistent link: https://www.econbiz.de/10005827463

The political economy of employment protection

Paul, Gilles Saint - Department of Economics and Business, Universitat … - 1999

This paper develops a model of job creation and job destruction in a growing economy with embodied technical progress, that we use to analyze the political support for employment protection legislations such as the ones that are observed in most European countries. We analyze the possibility of...

Persistent link: https://www.econbiz.de/10005827531

Education, growth and income inequality

Teuling, Coen; Rens, Thijs van - Department of Economics and Business, Universitat … - 2001

Estimates of the e¤ect of education on GDP (the social return to education)have been hard to reconcile with micro evidence on the private return. We present a simple explanation that combines two ideas: imperfect substitution between worker types and endogenous skill biased technological...

Persistent link: https://www.econbiz.de/10005704916

Unemployment vs. mismatch of talents: Reconsidering unemployment benefits

Marimon, Ramon; Zilibotti, Fabrizio - Department of Economics and Business, Universitat … - 1997

. Unemployment insurance has the standard effect of reducing employment, but also helps workers to get a suitable job. The … unemployment, productivity growth and wage inequality. To show this, we construct two fictitious economies with calibrated … parameters which only differ by the degree of unemployment insurance and assume that they are hit by a common technological shock …

Persistent link: https://www.econbiz.de/10005704854