Lindbeck, Assar (contributor); Palme, Mårten (contributor); … - 2006
.
JEL Code: H53, I38, J22, J5, M51.
Keywords: seniority rules, sick pay insurance, firing costs, moral hazard.
Assar … rights. Like other types of insurance,
job security legislation is, however, vulnerable to moral hazard, which in this case …
accentuates this shift of income risk. Such a shift, however, creates a moral-hazard
problem, since the cost for workers of …