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Employment Protection and Product Market Regulation

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dc.creator Koeniger, Winfried
dc.creator Vindigni, Andrea
dc.date 2003
dc.date.accessioned 2013-10-16T07:08:49Z
dc.date.available 2013-10-16T07:08:49Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20120
dc.identifier ppn:371982480
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20120
dc.description Product market regulation and employment protection are highly correlated across OECD countries. Using an augmented model of monopolistic competition we show why in countries with more regulated product markets, incumbent workers prefer to protect jobs relatively more. Product market regulation increases the scope for employment protection because firms can bear the cost of employment protection more easily and still break even. Moreover, product market regulation decreases employment so that the workers' outside option becomes relatively worse. This increases the incentive to protect the job.
dc.language eng
dc.publisher
dc.relation IZA Discussion paper series 880
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject L16
dc.subject J65
dc.subject J63
dc.subject ddc:330
dc.subject collective dismissal cost
dc.subject political economy
dc.subject Kündigungsschutz
dc.subject Regulierung
dc.subject Monopolistischer Wettbewerb
dc.subject Kündigung
dc.subject Kosten
dc.subject Insider-Outsider-Modell
dc.subject Theorie
dc.title Employment Protection and Product Market Regulation
dc.type doc-type:workingPaper


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