Auray, Stéphane; Danthine, Samuel; Poschke, Markus - Centre de Recherche en Économie et Statistique … - 2014
While most of the literature on employment protection has focused on government-mandated severance pay, it has recently … been documented that a substantial share of severance payments derives from private contracts or collective agreements …. This paper studies the determination of these payments. We analyze the problem of joint bargaining over wages and severance …