| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w11519 |
| 来源ID | Working Paper 11519 |
| Evaluating Labor Market Reforms: A General Equilibrium Approach | |
| César Alonso-Borrego; Jesús Fernández-Villaverde; José E. Galdón-Sánchez | |
| 发表日期 | 2005-08-01 |
| 出版年 | 2005 |
| 语种 | 英语 |
| 摘要 | Job security provisions are commonly invoked to explain the high and persistent European unemployment rates. This belief has led several countries to reform their labor markets and liberalize the use of fixed-term contracts. Despite how common such contracts have become after deregulation, there is a lack of quantitative analysis of their impact on the economy. To fill this gap, we build a general equilibrium model with heterogeneous agents and firing costs in the tradition of Hopenhayn and Rogerson (1993). We calibrate our model to Spanish data, choosing in part parameters estimated with firm-level longitudinal data. Spain is particularly interesting, since its labor regulations are among the most protective in the OECD, and both its unemployment and its share of fixed-term employment are the highest. We find that fixed-term contracts increase unemployment, reduce output, and raise productivity. The welfare effects are ambiguous. |
| 主题 | Macroeconomics ; Consumption and Investment ; Microeconomics ; Mathematical Tools ; Labor Economics ; Labor Compensation |
| URL | https://www.nber.org/papers/w11519 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/569162 |
| 推荐引用方式 GB/T 7714 | César Alonso-Borrego,Jesús Fernández-Villaverde,José E. Galdón-Sánchez. Evaluating Labor Market Reforms: A General Equilibrium Approach. 2005. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w11519.pdf（561KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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