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La evolución institucional del despido en españa: una interpretación en términos de un accidente histórico

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  • Malo, Miguel à ngel

Abstract

In this article, we present an analysis of the institutional evolution of firing in Spain. We explain how a certain path-dependence has been created by historical accidents and how this is the mechanism behind the current system of a costly employment at will. The incentives of firms, workers and governments to sustain such a system are also discussed. We show the main inefficiencies of the system: a substantial increase in severance pay, a distorted use of the legal framework, and limitations to give a rapid answer to a big negative shock. Finally, we discuss how the unemployment benefits reform of 2002 can be understood as the culmination of Spain's policy of costly employment at will.

Suggested Citation

  • Malo, Miguel à ngel, 2005. "La evolución institucional del despido en españa: una interpretación en términos de un accidente histórico," Revista de Historia Económica / Journal of Iberian and Latin American Economic History, Cambridge University Press, vol. 23(1), pages 83-115, March.
    • Handle: RePEc:cup:reveco:v:23:y:2005:i:01:p:83-115_01
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    Cited by:

    1. Elva López Mourelo & Miguel Ángel Malo, 2015. "El mercado de trabajo en España: el contexto europeo, los dos viejos desafíos y un nuevo problema," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, vol. 87(01), pages 32-59.
    2. Cueto, Begoña & Patricia, Suárez, 2014. "A review of active and passive labour market policies in Spain," MPRA Paper 60648, University Library of Munich, Germany.
    3. Miguel Á., Malo, 2017. "Labour market institutions in small Pacific island countries: Main guidelines for labour market reforms," MPRA Paper 79988, University Library of Munich, Germany.
    4. Camille Signoretto & Julie Valentin, 2019. "Individual dismissals for personal and economic reasons in French firms: One or two models?," European Journal of Law and Economics, Springer, vol. 48(2), pages 241-265, October.

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