| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3730 |
| DP3730 Optimal Fiscal and Monetary Policy: Equivalence Results | |
| Isabel Correia; Pedro Teles; Juan Pablo Nicolini | |
| 发表日期 | 2003-02-01 |
| 出版年 | 2003 |
| 语种 | 英语 |
| 摘要 | In this article, we estimate the structure of costs of hiring, terminating, and retiring employees in France using a representative sample of French establishments. The estimates are estimated using a panel data set for two years (1992 and 1996) that matches two sources: the Wage Structure Survey (Enquête sur la Structure des Salaires) and the Workforce Questionnaire (Déclarations des Mouvements de Main-d'Oeuvre). We show that separation costs are significantly larger than hiring costs. The cost of hiring into Permanent Contracts is larger than the cost of hiring into Fixed Term Contracts and collective termination (dismissal of at least ten workers during a 30 days period) are much more expensive than individual terminations. Hiring and separations are similar in one aspect: they entail no firm-specific fixed cost. Furthermore, the termination and hiring costs are concave, and induce firms to group their hirings (into Permanent Contracts) and separations. Retirement costs are linear. Finally, legislation appears to be a major component of these costs. |
| 主题 | Labour Economics |
| 关键词 | Adjustment costs Firm behaviour |
| URL | https://cepr.org/publications/dp3730 |
| 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/532733 |
| 推荐引用方式 GB/T 7714 | Isabel Correia,Pedro Teles,Juan Pablo Nicolini. DP3730 Optimal Fiscal and Monetary Policy: Equivalence Results. 2003. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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