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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/2227Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.creator | Chen, Yu-Fu | - |
| dc.creator | Snower, Dennis J. | - |
| dc.creator | Gylfi, Zoega | - |
| dc.date | 1999 | - |
| dc.date.accessioned | 2013-10-16T06:55:45Z | - |
| dc.date.available | 2013-10-16T06:55:45Z | - |
| dc.date.issued | 2013-10-16 | - |
| dc.identifier | http://hdl.handle.net/10419/2227 | - |
| dc.identifier | ppn:265420784 | - |
| dc.identifier.uri | http://koha.mediu.edu.my:8181/xmlui/handle/10419/2227 | - |
| dc.description | In this paper we analyse the employment implications of firing restrictions. We find that when a recession is expected and the trend rate of productivity growth is small, a rise in firing costs affects mainly the hiring decision. Thus there is a negative effect on average employment. When, on the other hand, a boom is expected and the rate of productivity growth is large, firing costs affect mainly the firing decision. Then, as a result, average employment is increased. Our analysis suggests that while firing restrictions might have stimulated employment and reduced unemployment in Europe in the first two decades following World War II - when large supply shocks were absent and the average rate of growth was high - these same restrictions may have had the opposite effects in the 1970s and 1980s, when significant negative supply shocks occurred. | - |
| dc.language | eng | - |
| dc.publisher | Department of Economic Studies, University of Dundee Dundee | - |
| dc.relation | Dundee discussion papers in economics / University of Dundee 94 | - |
| dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | - |
| dc.subject | E32 | - |
| dc.subject | J23 | - |
| dc.subject | J24 | - |
| dc.subject | J54 | - |
| dc.subject | ddc:330 | - |
| dc.subject | firing restrictions | - |
| dc.subject | stochastic demand | - |
| dc.subject | hiring and firing | - |
| dc.subject | real options | - |
| dc.subject | Kündigungsschutz | - |
| dc.subject | Arbeitsnachfrage | - |
| dc.subject | Kosten | - |
| dc.subject | Konjunktur | - |
| dc.subject | Theorie | - |
| dc.title | Firing costs : eurosclerosis or eurosuccesses? | - |
| dc.type | doc-type:workingPaper | - |
| Appears in Collections: | EconStor | |
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