全球智库信息集成服务系统(G2TT): DP3765 Productivity Convergence and Foreign Ownership at the Establishment Level

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP3765
	DP3765 Productivity Convergence and Foreign Ownership at the Establishment Level
	Rachel Griffith; Stephen Redding; Helen Simpson
发表日期	2002-02-23
出版年	2002
语种	英语
摘要	In 1990 Colombia replaced its traditional system of severance payments with a new system of severance payments savings accounts (SPSAs). Although severance payments often are justified on the grounds that they provide insurance against earnings loss, they also increase costs for employers and distort employment decisions. The impact of severance payments depends largely on how much of the costs to employers can be shifted to workers. The theoretical analysis in this Paper shows that, in contrast to a traditional system of severance payments, the system of SPSAs facilitates the shifting of severance payments costs to workers in the form of lower wages. Empirical results using the Colombian National Household Surveys indicate that the introduction of SPSAs shifted around 80% of the total severance payments contributions to wages and had a positive effect on weekly hours. Results using the 1997 Colombian Living Standards Measurement Survey suggest that, although SPSAs in part replaced employer insurance with self-insurance, SPSAs continue to play a consumption smoothing role for the non-employed.
主题	Labour Economics
关键词	Distortions Tax shifting Unemployment insurance Consumption smoothing Crowding out
URL	https://cepr.org/publications/dp3765
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/532264
推荐引用方式 GB/T 7714	Rachel Griffith,Stephen Redding,Helen Simpson. DP3765 Productivity Convergence and Foreign Ownership at the Establishment Level. 2002.