Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/20930
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dc.contributor.authorZylberberg, Andréen
dc.contributor.authorCahuc, Pierreen
dc.date.accessioned2009-01-28T16:17:56Z-
dc.date.available2009-01-28T16:17:56Z-
dc.date.issued1999-
dc.identifier.urihttp://hdl.handle.net/10419/20930-
dc.description.abstractWe analyze how wage setting institutions and job-security provisions interact onunemployment. The assumption that wages are renegotiated by mutual agreement only isintroduced in a matching model with endogenous job destruction – la Mortensen and Pissarides (1994) in order to get wage profiles with proper microfoundations. Then, it is shown that job protection policies influence the wage distribution and that government mandated severance transfers from employers to workers are not any more neutral, as in the standard matching model where wages are continuously renegotiated: In our framework high redundancy transfers influence employment. Moreover, the assumption of enegotiation by mutual agreement allows us to introduce a minimum wage in a coherent way, and tostudy its interactions with job protection policies. Our computational exercises suggest thatredundancy transfers and administrative dismissal restrictions have negligeableunemployment effects when wages are flexible or when the minimum wage is low, but a dramatic positive impact on unemployment when there is a high minimum wage.en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x95en
dc.subject.jelJ64en
dc.subject.jelH29en
dc.subject.jelJ23en
dc.subject.jelJ38en
dc.subject.jelJ41en
dc.subject.ddc330en
dc.subject.keywordUnemploymenten
dc.subject.keywordjob protectionen
dc.subject.keywordminimum wageen
dc.subject.keywordmatching modelsen
dc.subject.keywordrenegotiationen
dc.subject.stwArbeitslosigkeiten
dc.subject.stwMindestlohnen
dc.subject.stwKündigungsschutzen
dc.subject.stwArbeitszeitflexibilisierungen
dc.subject.stwTheorieen
dc.titleJob Protection, Minimum Wage and Unemployment-
dc.typeWorking Paperen
dc.identifier.ppn834467739en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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