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formality or wages. To contribute to this critical policy issue, this paper presents a first global estimate of job quality …
Persistent link: https://www.econbiz.de/10014076711
more need for layoffs and labour flexibility have lower wages in countries where stricter EPL protects workers from layoffs …-2005, particularly for wages of unskilled workers. However, we also find that where workers are well organised, they can take advantage … of EPL to secure higher wages …
Persistent link: https://www.econbiz.de/10012911172
bargaining power. This paper estimates the effect of employment protection legislation (EPL) on workers' individual wages in a …
Persistent link: https://www.econbiz.de/10013135629
higher wages. This evidence can be explained by increased mobility costs associated with higher expected risk of post …
Persistent link: https://www.econbiz.de/10013106581
labor contract (Lazear 1990). We give empirical content to this proposition by estimating the effects of EPL on entry wages … of the reform on entry wages and a decrease of the returns to tenure by around 20% in the first year and by 8% over the …
Persistent link: https://www.econbiz.de/10013317171
This paper analyzes the joint effect of EPL and financial market imperfections on investment, capital-labour substitution, labour productivity and job reallocation in a cross-country framework. In the spirit of Rajan and Zingales (1998) and Ciccone and Papaioannou (2006), we exploit variation in...
Persistent link: https://www.econbiz.de/10013159932
Till the early-1990s the collectively-bargained labor contract (between the trade-union that presented the employees, and the employer or the employers'-association) was the norm, granting salaried workers a stable and protected labor contract. Thereafter, and more significantly after 1995, the...
Persistent link: https://www.econbiz.de/10013030864
Labour market segmentation currently is at the forefront of national and European policy debates. While the European Commission and the OECD try to promote what they see as more inclusive policies, academic observers remain skeptical. Particularly the dualisation literature points to stable...
Persistent link: https://www.econbiz.de/10012870171
This paper analyzes, using country-level panel data from transition economies and Latin America, the impact of labor market institutions on informal economic activity. The measure of informal economic activity is taken from Schneider et al. (2010), the most comprehensive study to date. The data...
Persistent link: https://www.econbiz.de/10013096470
permanent hiring. We also find a negative association between reinstatements and real wages of 3.9 %, but placebo tests indicate … policy to increase permanent hiring and wages …
Persistent link: https://www.econbiz.de/10013314981