Employment adjustment in two countries with poor reputations: Analysis of aggregate, firm, and flow data for Portugal and Germany
AbstractThis paper supplements aggregate time-series analysis of the speed of employment adjustment with evidence from firm panel and flow data for two countries â€“ Portugal and Germany â€“ sharing unenviable labor market reputations. The Portuguese labor market is often portrayed as terminally inert, while that of Germany as badly ailing. We report broad consistency in the results across data sets in favor of Portugal. In benchmarking Portugal against Germany, the adverse reputation of the former â€“ if not necessarily that of the latter country â€“ may have been exaggerated in contemporary policy debate. Copyright Springer-Verlag Berlin Heidelberg 2005
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Bibliographic InfoArticle provided by Springer in its journal International Economics and Economic Policy.
Volume (Year): 1 (2005)
Issue (Month): 4 (January)
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Web page: http://www.springerlink.com/link.asp?id=111059
employment adjustment; employment protection; error correction model; panel estimation; labor reallocation; C22; C23; J23;
Find related papers by JEL classification:
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models &bull Diffusion Processes
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
- J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
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- Herwartz, Helmut & Niebuhr, Annekatrin, 2011. "Regional labor demand and national labor market institutions in the EU15," HWWI Research Papers 112, Hamburg Institute of International Economics (HWWI).
- Carlos Carreira & Paulino Teixeira, 2008.
"Internal and external restructuring over the cycle: a firm-based analysis of gross flows and productivity growth in Portugal,"
Journal of Productivity Analysis,
Springer, vol. 29(3), pages 211-220, June.
- Carlos Carreira & Paulino Teixeira, 2007. "Internal and External Restructuring over the Cycle: A Firm-Based Analysis of Gross Flows and Productivity Growth in Portugal," GEMF Working Papers 2007-01, GEMF - Faculdade de Economia, Universidade de Coimbra.
- Jung, Sven, 2012. "Employment adjustment in German firms," Discussion Papers 80, Friedrich-Alexander-University Erlangen-Nuremberg, Chair of Labour and Regional Economics.
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