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Employment adjustment in two countries with poor reputations: Analysis of aggregate, firm, and flow data for Portugal and Germany

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Author Info

  • John T. Addison

    ()

  • Paulino Teixeira

    ()

Abstract

This paper supplements aggregate time-series analysis of the speed of employment adjustment with evidence from firm panel and flow data for two countries – Portugal and Germany – 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 – if not necessarily that of the latter country – may have been exaggerated in contemporary policy debate. Copyright Springer-Verlag Berlin Heidelberg 2005

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File URL: http://hdl.handle.net/10.1007/s10368-004-0025-6
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Bibliographic Info

Article provided by Springer in its journal International Economics and Economic Policy.

Volume (Year): 1 (2005)
Issue (Month): 4 (January)
Pages: 329-348

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Handle: RePEc:kap:iecepo:v:1:y:2005:i:4:p:329-348

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Web page: http://www.springerlink.com/link.asp?id=111059

Related research

Keywords: employment adjustment; employment protection; error correction model; panel estimation; labor reallocation; C22; C23; J23;

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Cited by:
  1. Jung, Sven, 2012. "Employment adjustment in German firms," Discussion Papers 80, Friedrich-Alexander-University Erlangen-Nuremberg, Chair of Labour and Regional Economics.
  2. Lichter, Andreas & Peichl, Andreas & Siegloch, Sebastian, 2014. "The Own-Wage Elasticity of Labor Demand: A Meta-Regression Analysis," IZA Discussion Papers 7958, Institute for the Study of Labor (IZA).
  3. 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.
  4. 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).
  5. Jung, Sven, 2013. "Employment Adjustment in German Firms," Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79696, Verein für Socialpolitik / German Economic Association.

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