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Feature: Employment Protection Legislation

Author

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  • Pierre Cahuc
  • Winfried Koeniger

Abstract

Employment protection legislation (EPL) is an important labour market policy whose strictness differs greatly across OECD countries. The collection of articles in this Feature provides new theoretical and empirical results which highlight the impact of EPL on productivity, job and firm turnover, (un)employment and the incidence of temporary contracts. Importantly, the effect of EPL is shown to differ across types of workers and firms. This yields new insights on the incentives for labour market reform. Copyright 2007 The Author(s). Journal compilation Royal Economic Society 2007.

Suggested Citation

  • Pierre Cahuc & Winfried Koeniger, 2007. "Feature: Employment Protection Legislation," Economic Journal, Royal Economic Society, vol. 117(521), pages 185-188, June.
  • Handle: RePEc:ecj:econjl:v:117:y:2007:i:521:p:185-188
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    Citations

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    Cited by:

    1. Leo Kaas & Philipp Kircher, 2015. "Efficient Firm Dynamics in a Frictional Labor Market," American Economic Review, American Economic Association, vol. 105(10), pages 3030-3060, October.
    2. Marco Leonardi & Giovanni Pica, 2013. "Who Pays for it? The Heterogeneous Wage Effects of Employment Protection Legislation," Economic Journal, Royal Economic Society, vol. 123(12), pages 1236-1278, December.
    3. Besancenot, Damien & Vranceanu, Radu, 2009. "Multiple equilibria in a firing game with impartial justice," Labour Economics, Elsevier, vol. 16(3), pages 262-271, June.
    4. Gabriel Felbermayr & Julien Prat, 2011. "Product Market Regulation, Firm Selection, And Unemployment," Journal of the European Economic Association, European Economic Association, vol. 9(2), pages 278-317, April.
    5. Albert van der Horst & Hugo Rojas-Romagosa & Leon Bettendorf, 2009. "Does employment affect productivity?," CPB Discussion Paper 119, CPB Netherlands Bureau for Economic Policy Analysis.
    6. Stefano Bonini & Senem Alkan, 2012. "The political and legal determinants of venture capital investments around the world," Small Business Economics, Springer, vol. 39(4), pages 997-1016, November.
    7. Gebhard Flaig & Horst Rottmann, 2011. "Labour Market Institutions and Unemployment. An International Comparison," CESifo Working Paper Series 3558, CESifo Group Munich.
    8. Rottmann, Horst & Flaig, Gebhard, 2011. "Labour market institutions and unemployment: An international comparison," Weidener Diskussionspapiere 31, University of Applied Sciences Amberg-Weiden (OTH).
    9. Gianluca Grimalda, 2016. "Can labour market rigidity foster economic efficiency? A model with non-general purpose technical change," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 6(1), pages 79-99, April.
    10. Olivier Blanchard & Jean Tirole, 2004. "The Optimal Design of Unemployment Insurance and Employment Protection. A First Pass," NBER Working Papers 10443, National Bureau of Economic Research, Inc.
    11. Damien Besancenot & Radu Vranceanu, 2008. "Multiple equilibria in a firing game with impartial justice," Working Papers halshs-00203176, HAL.

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