Employment protection reform in search economies

"The design of the employment protection legislation (EPL) is of a particular acuity in the European debate on the contours of the EPL reform. In this article we used an equilibrium unemployment model to investigate the virtue of an EPL reform whose modality is a lessening in the red tape and l...

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Main Authors: L'Haridon, Olivier, Malherbet, Franck
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Bonn 2006
IZA
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19293154124910113369-employment-protection-reform-i.htm
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author L'Haridon, Olivier
Malherbet, Franck
author_facet L'Haridon, Olivier
Malherbet, Franck
collection Library items
description "The design of the employment protection legislation (EPL) is of a particular acuity in the European debate on the contours of the EPL reform. In this article we used an equilibrium unemployment model to investigate the virtue of an EPL reform whose modality is a lessening in the red tape and legal costs associated with layoffs and the introduction of an U.S. like experience rating system modelled as a combination of a layoff tax and a payroll subsidy. The reform considered shows that it is possible to improve both the consistency and the efficiency of employment protection policies while leaving the workers' protection untouched on the labor market. These results are consistent with the conventional wisdom that experience rating is desirable, not only as a part of unemployment compensation finance as most studies acknowledge but also as part and parcel of a virtuous EPL system. "
format TEXT
geographic EU countries
id 19293154124910113369_f5ea321cffc44220a30b7f047616572f
institution ETUI-European Trade Union Institute
is_hierarchy_id 19293154124910113369_f5ea321cffc44220a30b7f047616572f
is_hierarchy_title Employment protection reform in search economies
language English
physical 45 p.
Digital
publishDate 2006
publisher Bonn
IZA
spellingShingle L'Haridon, Olivier
Malherbet, Franck
economic model
employment security
law reform
legislation
Employment protection reform in search economies
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=117615793589
title Employment protection reform in search economies
topic economic model
employment security
law reform
legislation
url https://www.labourline.org/KENTIKA-19293154124910113369-employment-protection-reform-i.htm