全球智库信息集成服务系统(G2TT): DP2162 Third Births in Austria: the Effect of Public Policies, Educational Attainment and Labour-Force Attachment

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP2162
	DP2162 Third Births in Austria: the Effect of Public Policies, Educational Attainment and Labour-Force Attachment
	Jan Michael Hoem; Alexia Fürnkranz-Prskawetz; Gerda Neyer
发表日期	1999-05-31
出版年	1999
语种	英语
摘要	This paper develops a model of job creation and job destruction in a growing economy with embodied technical progress, that we use to analyze the political support for employment protection legislations such as the ones that are observed in most European countries. We analyze the possibility of Condorcet cycles due to the fact that workers about to become unemployed prefer both an increase and a reduction in firing costs over the status quo. Despite this problem, we show the existence of local, and sometimes global majority winners. In voting in favour of employment protection, incumbent employees trade off lower living standards (because employment protection maintains workers in less productive activities) against longer job duration. We show that the gains from, and consequently the political support for employment protection (as defined by maximum job tenure) are larger, the lower the rate of creative destruction and the larger the worker's bargaining power. Numerical simulations suggest a hump-shaped response of firing costs to these variables, as well as a negative impact of exogenous turnover on employment protection.
主题	Labour Economics ; Public Economics
关键词	Creative destruction Firing costs Obsolescence Political economy Vintage capital
URL	https://cepr.org/publications/dp2162
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/531270
推荐引用方式 GB/T 7714	Jan Michael Hoem,Alexia Fürnkranz-Prskawetz,Gerda Neyer. DP2162 Third Births in Austria: the Effect of Public Policies, Educational Attainment and Labour-Force Attachment. 1999.