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dc.contributor.authorGoerke, Laszloen_US
dc.contributor.authorPannenberg, Markusen_US
dc.date.accessioned2010-07-15en_US
dc.date.accessioned2010-08-18T11:17:57Z-
dc.date.available2010-08-18T11:17:57Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/38893-
dc.description.abstractIn 2004, a section was added to the German Protection against Dismissal Act, establishing a new procedure to dismiss an employee, given a predetermined severance payment. Most legal scholars presume the change to be without impact, while a minority of experts claims it to be either beneficial or unfavourable to employees. Our theoretical model suggests that firms will use the new procedure, but that the change in payoffs is indeterminate and, therefore, an empirical issue. Exploiting the fact that collective dismissals are not directly affected by the amendment, difference-in-differences estimates based on panel data for West Germany indicate that the legal change did have a negative effect on severance pay.en_US
dc.language.isoengen_US
dc.publisherCESifo Münchenen_US
dc.relation.ispartofseriesCESifo working paper Labour Markets 3120en_US
dc.subject.jelJ65en_US
dc.subject.jelK31en_US
dc.subject.jelC23en_US
dc.subject.ddc330en_US
dc.subject.keywordpanel dataen_US
dc.subject.keywordProtection against Dismissal Acten_US
dc.subject.keywordseverance payen_US
dc.subject.stwKündigungsschutzen_US
dc.subject.stwAbfindungen_US
dc.subject.stwReformen_US
dc.subject.stwWirkungsanalyseen_US
dc.subject.stwArbeitskräfteen_US
dc.subject.stwSchätzungen_US
dc.subject.stwDeutschlanden_US
dc.title'Take it or go to court': The impact of sec. 1a of the German protection against dismissal act on severance paymentsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn631233806en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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