Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/125402
Authors: 
Pérez, J. Ignacio García
Year of Publication: 
2015
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Year:] 2015 [Issue:] 174
Abstract: 
The trend towards labor market flexibility in Europe has typically involved introducing legislation that makes it easier for firms to issue temporary contracts with low firing costs, while not changing the level of protection that is in place for permanent jobs. This has created a strong “dualism” in some European labor markets, which might affect turnover, wage setting, and human capital accumulation. In view of this, some economists propose replacing the existing system of temporary and permanent contracts by a single open-ended contract for new hires, with severance pay smoothly increasing with tenure on the job.
Subjects: 
single contract
permanent and temporary contracts
severance pay
dual labor markets
JEL: 
J23
J32
J63
J64
J65
J68
Persistent Identifier of the first edition: 
Document Type: 
Article

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