Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/38893 
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dc.contributor.authorGoerke, Laszloen
dc.contributor.authorPannenberg, Markusen
dc.date.accessioned2010-07-15-
dc.date.accessioned2010-08-18T11:17:57Z-
dc.date.available2010-08-18T11:17:57Z-
dc.date.issued2010-
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
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x3120en
dc.subject.jelJ65en
dc.subject.jelK31en
dc.subject.jelC23en
dc.subject.ddc330en
dc.subject.keywordpanel dataen
dc.subject.keywordProtection against Dismissal Acten
dc.subject.keywordseverance payen
dc.subject.stwKündigungsschutzen
dc.subject.stwAbfindungen
dc.subject.stwReformen
dc.subject.stwWirkungsanalyseen
dc.subject.stwArbeitskräfteen
dc.subject.stwSchätzungen
dc.subject.stwDeutschlanden
dc.title'Take it or go to court': The impact of sec. 1a of the German protection against dismissal act on severance payments-
dc.typeWorking Paperen
dc.identifier.ppn631233806en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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