| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w18516 |
| 来源ID | Working Paper 18516 |
| Wrongful Discharge Laws and Innovation | |
| Viral V. Acharya; Ramin P. Baghai; Krishnamurthy V. Subramanian | |
| 发表日期 | 2012-11-01 |
| 出版年 | 2012 |
| 语种 | 英语 |
| 摘要 | We show that wrongful discharge laws - laws that protect employees against unjust dismissal - spur innovation and new firm creation. Wrongful discharge laws, particularly those that prohibit employers from acting in bad faith ex post, limit employers' ability to hold up innovating employees after the innovation is successful. By reducing the possibility of hold-up, these laws enhance employees' innovative efforts and encourage firms to invest in risky, but potentially mould-breaking, projects. We develop a model and provide supporting empirical evidence of this effect using the staggered adoption of wrongful discharge laws across the U.S. states. |
| 主题 | Financial Economics ; Corporate Finance ; Labor Economics ; Labor Relations ; Other ; Law and Economics |
| URL | https://www.nber.org/papers/w18516 |
| 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/576190 |
| 推荐引用方式 GB/T 7714 | Viral V. Acharya,Ramin P. Baghai,Krishnamurthy V. Subramanian. Wrongful Discharge Laws and Innovation. 2012. |
| 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 | ||
| w18516.pdf（645KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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