Portuguese firms engage in intense reallocation, most employers simultaneously hire and separate from workers, resulting in high excess worker turnover flows. These flows are constrained by the employment protection gap between open-ended and fixed-term contracts. We explore a reform that...

This paper provides a simple model which explains the choice between permanent and temporary jobs. This model, which incorporates important features of actual employment protection legislations neglected by the economic literature so far, reproduces the main stylized facts about entries into...

Die Autorin behandelt die allokativen Wirkungen des Kündigungsschutzes und der Regelungen temporärer Arbeitsverträge auf die Höhe und Dauer der Arbeitslosigkeit und den Jobturnover. Elke Jahn zeigt, daß sich die vor allem vom kontinentalen Arbeitsrecht vertretene These, der...