The transition to market in Slovenia created labor displacements that were on par or greater than thatexperienced in North America in the 1980s. A simple theoretical model suggests that factors which raisethe probability of layoff should also increase the probability of a quit, predictions that...

In a dynamic model of the labor market with moral hazard, equilibriumlayoff is modeled as termination of an optimal long-term contract. Termination,together with compensation (current and future), is used as an incentive deviceto induce worker efforts. I then use the model to study analytically...

We investigate the labor market effects of the reestablishment of private-sector workers' right to reinstatement for unfair dismissals, which occurred in 2002 in Peru. Using data from Peruvian Household Surveys from 2004 to 2015, and the Specialized Employment Survey 1998-2001, we estimate a...