| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP15453 |
| DP15453 From Dual to Unified Employment Protection: Transition and Steady State | |
| Juan Dolado; Etienne Lalé; Nawid Siassi | |
| 发表日期 | 2020-11-15 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | Three features of real-life reforms of dual employment protection legislation (EPL) systemsnare particularly hard to study through the lens of standard labour-market search models: (i) the excess job turnover implied by dual EPL, (ii) the non-retroactive nature of EPL reforms, and (iii) the transition dynamics from dual to a unified EPL system. In this paper we develop a computationally tractable model addressing these issues. Our main finding is that the welfare gains of reforming a dual EPL system are sizeable and achieved mostly through a decrease in turnover at short job tenures. This conclusion continues to hold in more general settings featuring wage rigidities, heterogeneity in productivity upon matching, and human capital accumulation. We also find substantial cross-sectional heterogeneity in welfare effects along the transition to a unified EPL scheme. Given that the model is calibrated to data from Spain, often considered as the epitome of a labour market with dual EPL, our results should provide guidance for a wide range of reforms of dual EPL systems. |
| 主题 | Labour Economics |
| URL | https://cepr.org/publications/dp15453 |
| 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/544449 |
| 推荐引用方式 GB/T 7714 | Juan Dolado,Etienne Lalé,Nawid Siassi. DP15453 From Dual to Unified Employment Protection: Transition and Steady State. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
