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In 2004, a section was added to the German Protection against Dismissal Act, establishing a new procedure to dismiss an employee, given a predetermined severance payment. Most legal scholars presume the change to be without impact, while a minority of experts claims it to be either beneficial or...
Persistent link: https://www.econbiz.de/10013141087
In 2004, a section was added to the German Protection against Dismissal Act, establishing a new procedure to dismiss an employee, given a predetermined severance payment. Most legal scholars presume the change to be without impact, while a minority of experts claims it to be either beneficial or...
Persistent link: https://www.econbiz.de/10003984405
Due to the complexity of employment protection legislation (EPL) in Germany, there is notable uncertainty about the outcomes of dismissal conflicts. In this study we focus on severance pay and inquire whether its incidence and level varies in a systematic manner with the legal rules as defined...
Persistent link: https://www.econbiz.de/10012783365
This paper estimates the effect of employment protection legislation (EPL) on workers' individual wages in a quasi-experimental setting, exploiting a reform that introduced unjust-dismissal costs in Italy for firms below 15 employees and left firing costs unchanged for bigger firms. Accounting...
Persistent link: https://www.econbiz.de/10014163770
Theory predicts that the wage effects of government-mandated severance payments depend on workers' and firms' relative …
Persistent link: https://www.econbiz.de/10013135629
Theory predicts that the wage effects of government-mandated severance payments depend on workers' and firms' relative …
Persistent link: https://www.econbiz.de/10009304316
We examine the economic and social determinants of suicide mortality in a panel of 25 OECD countries over the period 1970 - 2011 and explicitly analyze the effects of unemployment and labor market institutions on suicide rates. In line with a large body of literature, our results suggest that...
Persistent link: https://www.econbiz.de/10010401550
Labor market regulations have often been blamed for high and persistent unemployment in Europe, but evidence on their impact remains mixed. More recently, attention has turned to the impact of product market regulations on employment growth. This paper analyzes how labor and product market...
Persistent link: https://www.econbiz.de/10013319621
In this study we examine the contribution of severance pay to employment and unemployment development using data on industrialized OECD countries. Our starting point is Lazear's (1990) empirical dictum that severance payment requirements adversely impact the labor market. We extend his sample...
Persistent link: https://www.econbiz.de/10013319624
Employment protection legislation may affect the degree of substitutability among different types of labour contracts by changing the individuals sorting into jobs and firms screening in and out jobs. Using administrative data, we document this substitutability in the context of a labour market...
Persistent link: https://www.econbiz.de/10012314769