Employment Protection and Aggregate Unemployment
AbstractThe effects on the aggregate unemployment rate of employment-protection provisions has been the subject of considerable debate. This paper shows that if firms pay efficiency wages to encourage effort in the workplace, the effect of increasing employment security is to increase the efficiency wage but not necessarily to increase unemployment.
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Bibliographic InfoPaper provided by Tasmania - Department of Economics in its series Papers with number 1996-05.
Length: 18 pages
Date of creation: 1996
Date of revision:
Contact details of provider:
Postal: UNIVERSITY OF TASMANIA, DEPARTMENT OF ECONOMICS, HOBART TASMANIA 7001 AUSTRALIA.
Phone: +61 3 6226 7672
Fax: +61 3 6226 7587
Web page: http://www.utas.edu.au/economics-finance/
More information through EDIRC
UNEMPLOYMENT; EMPLOYMENT; LABOUR MARKET; MANPOWER;
Find related papers by JEL classification:
- J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
- J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
- J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
- J65 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment Insurance; Severance Pay; Plant Closings
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