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Employment protection legislation and wages

"In a perfect labor market severance payments can have no real effects as they can be undone by a properly designed labor contract (Lazear 1990). We give empirical content to this proposition by estimating the effects of EPL on entry wages and on the tenure-wage profile in a quasi-experimental...

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Bibliographic Details
Main Authors:	Leonardi, Marco, Pica, Giovanni
Institution:	ETUI-European Trade Union Institute
Format:	TEXT
Language:	English
Published:	Bonn 2007 IZA
Subjects:	dismissal employment security legislation severance pay statistics wages Italy
Online Access:	https://www.labourline.org/KENTIKA-19133428124919516009-employment-protection-legislat.htm

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