G2TT
来源类型Discussion paper
规范类型论文
来源IDDP11192
DP11192 Employment protection and unemployment benefits: On technology adoption and job creation in a matching model
Kjell Erik Lommerud; Steinar Vagstad
发表日期2016-03-24
出版年2016
语种英语
摘要We analyse the effects of different labour market policies –employment protection, un- employment bene…ts and payroll taxes –on job creation and technology choices in a model where fi…rms are randomly matched with workers of different productivity and wages are de- termined by ex-post bargaining. The model is characterised by two intertwined sources of inefficiency, namely a matching externality and a hold-up externality associated with work- ers’bargaining strength. Results depend on the relative importance of the two externalities and on worker risk aversion. ‘Flexicurity’, meaning low employment protection and generous unemployment insurance, can be optimal if the hold-up problem is relatively important and workers value income security much.
主题Public Economics
关键词Unemployment in- Technology adoption Job creation Employment protection
URLhttps://cepr.org/publications/dp11192
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/540009
推荐引用方式
GB/T 7714
Kjell Erik Lommerud,Steinar Vagstad. DP11192 Employment protection and unemployment benefits: On technology adoption and job creation in a matching model. 2016.
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