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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP11030 |
DP11030 Moving towards a Single Labour Contract: Transition vs. Steady-state | |
Juan Dolado; Etienne Lalé; Nawid Siassi | |
发表日期 | 2015-12-27 |
出版年 | 2015 |
语种 | 英语 |
摘要 | This paper analyses the optimal design of a single open-ended contract (SOEC) and studies the political economy of moving towards such a SOEC in a labour market with dual employment protection. We develop a computationally tractable approach to compare two economic environments: one with flexible entry-level jobs and high employment protection at longer tenures, and another one with a SOEC featuring employment protection levels that increase smoothly with tenure. For illustrative purposes, we specialise the discussion of such choices to Spain, a country often considered as an epitome of a dual labour market. We show that a SOEC has the potential of bringing substantial improvements in equilibrium allocations and welfare. We provide estimates for the eligibility rule and tenure profile of the optimal SOEC, defined as the contract maximising the steady-state lifetime utility of new labour-market entrants. Finally, we use the model to identify winners and losers among younger and older workers in the transitional path of such a reform, and evaluate its political support. |
主题 | Labour Economics |
关键词 | Single contract Employment protection Dualism Labour market reform |
URL | https://cepr.org/publications/dp11030 |
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/539859 |
推荐引用方式 GB/T 7714 | Juan Dolado,Etienne Lalé,Nawid Siassi. DP11030 Moving towards a Single Labour Contract: Transition vs. Steady-state. 2015. |
条目包含的文件 | 条目无相关文件。 |
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