The Effects of Employment Insecurity on Demand, Productivity and Employment Levels
AbstractThis paper investigates the effects of labour market deregulation on demand, productivity and employment levels in the short term. The focus will be on deregulation of labour contracts, i.e. on the transition from a legal system that guarantees permanent employment to a system of formal rules allowing for job insecurity. The idea is that the greater the deregulation of labour contracts, the higher the productivity and the lower the demand and employment levels.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Review of Political Economy.
Volume (Year): 21 (2009)
Issue (Month): 2 ()
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- Forges Davanzati, Guglielmo & Pacella, Andrea, 2013. "The profits-investments puzzle: A Post Keynesian-Institutional interpretation," Structural Change and Economic Dynamics, Elsevier, vol. 26(C), pages 1-13.
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