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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP1500 |
DP1500 International Migration, Welfare and the Provision of Public Goods | |
Konstantine Gatsios; Panos Hatzipanayotou; Mike Michael | |
发表日期 | 1996-11-30 |
出版年 | 1996 |
语种 | 英语 |
摘要 | Despite stringent dismissal restrictions in most European countries, rates of job creation and destruction are remarkably similar across European and North American labour markets. This paper shows that relative-wage compression is conducive to higher employer-initiated job turnover, and argues that wage-setting institutions and job security provisions differ across countries in ways that are both consistent with rough uniformity of job turnover statistics and readily explained by intuitive theoretical considerations. When viewed as a component of the mix of institutional differences in Europe and North America, European dismissal restrictions are essential to a proper interpretation of both similar patterns in job turnover, and marked differences in unemployment flows. |
主题 | International Macroeconomics |
关键词 | Firing costs Gross job turnover Wage compression |
URL | https://cepr.org/publications/dp1500 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530645 |
推荐引用方式 GB/T 7714 | Konstantine Gatsios,Panos Hatzipanayotou,Mike Michael. DP1500 International Migration, Welfare and the Provision of Public Goods. 1996. |
条目包含的文件 | 条目无相关文件。 |
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