G2TT
来源类型Discussion paper
规范类型论文
来源IDDP11030
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
URLhttps://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.
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