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dc.contributor.authorGrund, Christianen
dc.date.accessioned2009-01-28T16:11:44Z-
dc.date.available2009-01-28T16:11:44Z-
dc.date.issued2003-
dc.identifier.urihttp://hdl.handle.net/10419/20116-
dc.description.abstractThis contribution investigates severance payments for dismissed employees in Germany. Subsequent to an overview about the legal framework, we respond to the following questions: Who receives severance payments? By which characteristics is the level of severance payments determined? Is overcompensation to be considered a relevant issue? Hereby, individual and collective dismissals are always distinguished. This is the first study on this issue using individual representative data – the German Socio-Economic Panel – andmultivariate methods. The results indicate that rather women, persons with many years of tenure and working in big firms receive severance payments. There is a huge variance in the size of the payments, which can only partly be explained by tenure, the wage, firm size and the region. At least one quarter of dismissed employees is better off in their following careersindependent of having received a severance payment.en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x875en
dc.subject.jelM51en
dc.subject.jelJ53en
dc.subject.jelJ32en
dc.subject.jelM52en
dc.subject.ddc330en
dc.subject.keywordseverance paymentsen
dc.subject.keyworddismissalsen
dc.subject.keywordplant closingsen
dc.subject.stwAbfindungen
dc.subject.stwKündigungen
dc.subject.stwHumankapitalen
dc.subject.stwBetriebszugehörigkeiten
dc.subject.stwSchätzungen
dc.subject.stwDeutschlanden
dc.titleSeverance Payments for Dismissed Employees in Germany-
dc.typeWorking Paperen
dc.identifier.ppn371069017en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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