high severance payments are likely to decrease unemployment but systematically decrease welfare and raise inequality …

high severance payments are likely to decrease unemployment but systematically decrease welfare and raise inequality …

We analyze how wage setting institutions and job-security provisions interact on unemployment. The assumption that … exercises suggest that redundancy transfers and administrative dismissal restrictions have negligeable unemployment effects when … wages are flexible or when the minimum wage is low, but a dramatic positive impact on unemployment when there is a high …

insiders to firing restrictions does not necessarily worsen unemployment. In fact, it may be the willingness of a majority of … unemployment and deteriorates efficiency. Moreover, we argue, that the concentration of firm ownership is likely to influence labor …

insiders to firing restrictions does not necessarily worsen unemployment. In fact, it may be the willingness of a majority of … unemployment and deteriorates efficiency. Moreover, we argue, that the concentration of firm ownership is likely to influence labor …

We analyze how wage setting institutions and job-security provisions interact on unemployment. The assumption that … high redundancy transfers influence employment. Moreover, the assumption of renegotiation by mutual agreement allows us to … exercises suggest that redundancy transfers and administrative dismissal restrictions have negligeable unemployment effects when …

We analyze how wage setting institutions and job-security provisions interact on unemployment. The assumption that … high redundancy transfers influence employment. Moreover, the assumption of renegotiation by mutual agreement allows us to … exercises suggest that redundancy transfers and administrative dismissal restrictions have negligible unemployment effects when …

costs influence insider wages and outsiders' opportunities and how these costs affect employment and unemployment. We also … address the more complex, and open, question of how employment and unemployment move through time, in response to labor market …