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Job Flow Dynamics and Firing Restrictions

Evidence from Europe

Datos Bibliográficos

ID9712657
AutoresJulián Messina (0000-0001-7829-1272, Universitat de Girona and IZA), Giovanna Vallanti (0000-0001-6238-0094, Università Luiss ‘‘ Guido Carli ’’)
Año2007
Volumen117
Número521
PáginasF279-F301
Fecha de publicación2007-06-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaThe Economic Journal (JOURNAL)
Identificadores de la revistaISSN: 0013-0133 • E-ISSN: 1468-0297
EditorialOxford University Press (OUP) (PUBLISHER)
DOI10.1111/j.1468-0297.2007.02057.x
OpenAlexW1940337488
IdiomaEN
Citas recibidas21
Referencias citadas26

We exploit homogeneous firm level data of manufacturing and non-manufacturing industries to study the impact of firing restrictions on job flow dynamics across 14 European countries. Our results suggest that more stringent firing laws dampen the response of job destruction to the cycle, thus making job turnover less counter-cyclical. Moreover, stricter EPL reduces both the creation and destruction of jobs in declining sectors relative to expanding sectors, implying that faster trend growth attenuates the impact of firing costs on firm's hiring and firing decisions. Copyright 2007 The Author(s). Journal compilation Royal Economic Society 2007

Dynamics (music · Econometrics · Economics · Flow (mathematics · Mechanics · Physics · Employment and Welfare Studies · Firm Innovation and Growth · Labor market dynamics and wage inequality · Psychology

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Obras citantes distintas21
Citas por año1,11
Intervalo de citas2007 - 2023 (17)
Velocidad de citaciónhistorical
Altamente citadoNo
Tipos de citaNeutras: 20
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