Employment Protection Legislation and Wages

In a perfect labor market severance payments can have no real effects as they can beundone by a properly designed labor contract (Lazear 1990). We give empirical content tothis proposition by estimating the effects of EPL on entry wages and on the tenure-wageprofile in a quasi-experimental setting...

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Year of publication:	2007-03-01
Authors:	Leonardi, Marco ; Pica, Giovanni
Institutions:	Forschungsinstitut zur Zukunft der Arbeit <Bonn>
Subject:	Arbeit \| Labor \| Kosten \| Sicherung \| security

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Extent:	449536 bytes 38 p. application/pdf
Series:	IZA - Forschungsinstitut zur Zukunft der Arbeit - Discussion Papers IZA Discussion Paper ; No. 2680 (2007)
Type of publication:	Book / Working Paper
Language:	English
Classification:	E24 - Employment; Unemployment; Wages ; J63 - Turnover; Vacancies; Layoffs ; J65 - Unemployment Insurance; Severance Pay; Plant Closings ; Ergonomic job analysis ; Individual Working Papers, Preprints ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005863224