Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/198839 
Year of Publication: 
2019
Series/Report no.: 
CESifo Working Paper No. 7479
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
This paper provides an overview of recent research on dual labour markets. Theoretical and empirical contributions on the labour-market effects of dual employment protection legislation are revisited, as well as factors behind its resilience and policies geared towards correcting its negative consequences. The topics covered include the stepping-stone or dead-end nature of temporary contracts, their effects on employment, unemployment, churn, training, productivity growth, wages, and labour market inflows and outflows. The paper reviews both theoretical advances and relevant policy discussions, in particular in several countries that had very poor employment performance during the recent global economic and financial crisis.
Subjects: 
dual labour markets
employment protection
temporary contracts
job creation
job destruction
churn
JEL: 
J23
J32
J63
Document Type: 
Working Paper
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