G2TT
来源类型Discussion paper
规范类型论文
来源IDDP10711
DP10711 Employment and Wage Insurance within Firms: Worldwide Evidence
Marco Pagano; Andrew Ellul; Fabiano Schivardi
发表日期2015-07-12
出版年2015
语种英语
摘要We investigate the determinants of firms? implicit insurance to employees, using a difference-in-difference approach: we rely on differences between family and non-family firms to identify the supply of insurance, and exploit variation in unemployment insurance across and within countries to gauge workers? demand for insurance. Using a firm-level panel from 41 countries, we find that family firms feature more stable employment, greater wage flexibility and lower labor cost than non-family ones. Employment stability in family firms is greater, and the wage discount larger, in countries with more generous public unemployment insurance: private and public provision of employment insurance are substitutes.
主题Financial Economics
关键词Risk-sharing Insurance Social security Unemployment Wages Family firms
URLhttps://cepr.org/publications/dp10711
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/539542
推荐引用方式
GB/T 7714
Marco Pagano,Andrew Ellul,Fabiano Schivardi. DP10711 Employment and Wage Insurance within Firms: Worldwide Evidence. 2015.
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