| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP12112 |
| DP12112 Job Mobility and Creative Destruction: Flexicurity in the Land of Schumpeter | |
| Josef Zweimüller; francis kramarz | |
| 发表日期 | 2017-06-22 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | This paper evaluates the 2003 Austrian severance-pay reform, often advocated as a role model for structural reforms in countries plagued by inflexible labor markets and high unemployment. The reform replaced a system with tenure-based severance payments after a layoff (but not after a quit) by payments into pension accounts that accrue to workers after a layoff as well as after a quit. We identify the reform effects using a regression discontinuity (RD) design and find a substantial increase in job mobility in response to the reform. A search-and-matching model with on-the-job search and tenure-dependent severance payments is structurally estimated using the RD-induced empirical moments. Counterfactual policy experiments suggest that flexicurity reforms spur job creation and can substantially reduce unemployment in countries where severance payments are initially high. |
| 主题 | Labour Economics |
| 关键词 | Severance pay Job mobility Flexicurity Creative destruction Job creation |
| URL | https://cepr.org/publications/dp12112 |
| 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/540924 |
| 推荐引用方式 GB/T 7714 | Josef Zweimüller,francis kramarz. DP12112 Job Mobility and Creative Destruction: Flexicurity in the Land of Schumpeter. 2017. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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