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http://hdl.handle.net/10419/2309
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| DC Field | | Value | | Language |
| dc.contributor.author | | Chen, Yu-Fu | | en_US |
| dc.contributor.author | | Snower, Dennis J. | | en_US |
| dc.contributor.author | | Gylfi, Zoega | | en_US |
| dc.date.accessioned | | 2009-01-28T14:24:12Z | | - |
| dc.date.available | | 2009-01-28T14:24:12Z | | - |
| dc.date.issued | | 1999 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/2309 | | - |
| dc.description.abstract | | 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 occured. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | HWWA-Institut für Wirtschaftsforschung Hamburg | | - |
| dc.relation.ispartofseries | | HWWA-Diskussionspapier 78 | | - |
| dc.subject.jel | | E32 | | en_US |
| dc.subject.jel | | J24 | | en_US |
| dc.subject.jel | | J54 | | en_US |
| dc.subject.jel | | J23 | | en_US |
| dc.subject.ddc | | 330 | | - |
| dc.subject.keyword | | firing restrictions | | en_US |
| dc.subject.keyword | | stochastic demand | | - |
| dc.subject.keyword | | hiring and firing | | - |
| dc.subject.keyword | | real options | | - |
| dc.subject.stw | | Kündigungsschutz | | en_US |
| dc.subject.stw | | Arbeitsnachfrage | | en_US |
| dc.subject.stw | | Kosten | | en_US |
| dc.subject.stw | | Konjunktur | | en_US |
| dc.subject.stw | | Theorie | | en_US |
| dc.title | | Firing Costs: Eurosclerosis or Eurosuccesses? | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 303223448 | | en_US |
| dc.identifier.ppn | | 303223448 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des IfW Economists Online HWWA Discussion Paper, Hamburgisches Welt-Wirtschafts-Archiv
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