“…The first is that dismissal costs depend not only on whether the dismissal is deemed fair or unfair, but also on the nature, economic vs. disciplinary, of the layoff. The second feature is that compensation for unfair dismissal or severance is generally increasing with tenure."…”

“…"Most labor economics textbooks pay little attention to actual labor markets, with the exception of the occasional reference to competitive labor markets like that of the United States. …”

Subjects: “…economic recession…”

Subjects: “…economic reform…”

Subjects: “…economic recession…”

Subjects: “…economic recession…”

Subjects:

“…At first, based on a computable general equilibrium model, we evaluate whether migration to "rigid labour markets" a-la European involves cost, which are neglected by economic theory. Our results suggest that the economic benefits from international migration are, at a GDP gain of 0.2-0.3% at a migration of 1% of the labour force, but that natives in the receiving countries may lose out especially when generous unemployment benefits are provided to the migrants. …”

“…"This book, which includes contributions from first-rate international scholars in the field, discusses the role that unions are likely to play in the changed economic environment of the new century. Questions discussed include: What will unions look like in the years to come? …”