In the past few years numerous studies have dealt with the employment effects of Germany's dismissal protection legislation. The majority of the studies, however, found no significant effects on aggregate exit and entry rates in the firms affected. In our analysis we estimate the effect of...

"In the past few years numerous studies have dealt with the employment effects of Germany's dismissal protection legislation. The majority of the studies, however, found no significant effects on aggregate exit and entry rates in the firms affected. In our analysis we estimate the effect of...