Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/125258
Authors: 
Henrekson, Magnus
Year of Publication: 
2014
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Year:] 2014 [Issue:] 38
Abstract: 
Economic growth requires factor reallocation across firms and continuous replacement of technologies. Labor market institutions influence economic dynamism by their impact on the supply of a key factor, skilled workers to new and expanding firms, and the shedding of workers from declining and failing firms. Growth-favoring labor market institutions include portable pension plans and other job tenure rights, health insurance untied to the current employer, individualized wage-setting, and public income insurance systems that encourage mobility and risk-taking.
Subjects: 
entrepreneurship
gazelles
high-growth firms
innovation
labor market policy
productivity
JEL: 
H32
J63
L5
L25
M13
O31
O43
Persistent Identifier of the first edition: 
Document Type: 
Article

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