Add to ORKGRedundancy payments for collective dismissals are incorporated into a Shapiro-Stiglitz model of efficiency wages. It is shown that a fixed payment will lower wages, leave employment and welfare unaffected if there are no wage-dependent taxes, no additional firing costs and if unemployment benefits are not altered by redundancy payments. If payroll taxes exceed firing costs and unemployment benefits are independent of redundancy pay, employment and welfare will rise with redundancy payments. If these payments are also a function of previous wages, positive employment effects will be mitigated. A substitution of wage-dependent for lump-sum redundancy payments can lower employment, allowing for a continuous variation of effort.collective dismi...
We analyse how wage setting institutions and job-security provisions interact on unemployment. The a...
This paper studies the effects of firing taxes on the job destruction rate, when probationperiod - o...
[eng] In this paper we analyze how the composition of labor taxation affects unemployment in a union...
Empirical evidence indicates that lay-off costs consist of two elements, namely firing costs and sev...
Firing costs are often blamed for unemployment. This paper investigates this well spread belief. The...
All OECD countries have either legally mandated severance pay or compensations imposed by industry-l...
Firing costs are often blamed for unemployment. In this paper, we investigate this widespread belief...
I investigate the extent to which firing restrictions could serve as a welfare-improving contractual...
In theoretical literature, the effects of employment protection on unemployment are ambiguous. Highe...
Firing costs are often blamed for unemployment. In this paper, we investigate this widespread belief...
This paper studies the effect mandated severance pay in a matching model featuring wage rigidity for...
Germany is country characterized by a high coverage of collective agreements and by high and persist...
This paper studies the matching of workers within the firm when the productivity of workers depends ...
I model and simulate the effects of employment tax cuts on unemployment and wages in four equilibriu...
Existing unemployment insurance systems in many OECD countries involve a ceiling on insurable earnin...
We analyse how wage setting institutions and job-security provisions interact on unemployment. The a...
This paper studies the effects of firing taxes on the job destruction rate, when probationperiod - o...
[eng] In this paper we analyze how the composition of labor taxation affects unemployment in a union...
Empirical evidence indicates that lay-off costs consist of two elements, namely firing costs and sev...
Firing costs are often blamed for unemployment. This paper investigates this well spread belief. The...
All OECD countries have either legally mandated severance pay or compensations imposed by industry-l...
Firing costs are often blamed for unemployment. In this paper, we investigate this widespread belief...
I investigate the extent to which firing restrictions could serve as a welfare-improving contractual...
In theoretical literature, the effects of employment protection on unemployment are ambiguous. Highe...
Firing costs are often blamed for unemployment. In this paper, we investigate this widespread belief...
This paper studies the effect mandated severance pay in a matching model featuring wage rigidity for...
Germany is country characterized by a high coverage of collective agreements and by high and persist...
This paper studies the matching of workers within the firm when the productivity of workers depends ...
I model and simulate the effects of employment tax cuts on unemployment and wages in four equilibriu...
Existing unemployment insurance systems in many OECD countries involve a ceiling on insurable earnin...
We analyse how wage setting institutions and job-security provisions interact on unemployment. The a...
This paper studies the effects of firing taxes on the job destruction rate, when probationperiod - o...
[eng] In this paper we analyze how the composition of labor taxation affects unemployment in a union...