The Effects of Employment Protection on the Choice of Risky Projects
We consider a firm that is subject to employment protection laws that limit the firm‘s ability to fire labor. In particular, we suppose that though a firm which shuts down can fire all its workers, it may fire no fewer. Compared to a firm that is subject to no employment protection, a firm constrained in firing will prefer a risk-free project over a risky one, but may prefer the riskier of two risky projects.
|Date of creation:||2002|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: +49 (89) 9224-0
Fax: +49 (89) 985369
Web page: http://www.cesifo.de
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Amihai Glazer & Vesa Kanniainen, 2000.
"Term Length and the Quality of Appointments,"
CESifo Working Paper Series
380, CESifo Group Munich.
- Glazer, A. & Kanniainen, V., 2000. "Term Length and the Quality of Appointments," University of Helsinki, Department of Economics 485, Department of Economics.
- Glazer, A. & Kanniainen, V., 2000. "Term Length and the Quality of Appointment," Papers 00-04, California Irvine - School of Social Sciences.
- Bentolila, Samuel & Saint-Paul, Gilles, 1994.
"A model of labor demand with linear adjustment costs,"
Elsevier, vol. 1(3-4), pages 303-326, September.
- Bentolila, S. & Saint-Paul, G., 1995. "A model of labour demand with linear adjustment costs," Labour Economics, Elsevier, vol. 2(1), pages 105-105, March.
- Bentolila, S. & Saint-Paul, G., 1992. "A Model of Labour Demand with Linear Adjustment Costs," DELTA Working Papers 92-05, DELTA (Ecole normale supérieure).
- Bentolila, Samuel & Saint-Paul, Gilles, 1992. "A Model of Labour Demand with Linear Adjustment Costs," CEPR Discussion Papers 690, C.E.P.R. Discussion Papers.
- Bertola, Giuseppe, 1990. "Job security, employment and wages," European Economic Review, Elsevier, vol. 34(4), pages 851-879, June.
- Rothschild, Michael & Stiglitz, Joseph E., 1970. "Increasing risk: I. A definition," Journal of Economic Theory, Elsevier, vol. 2(3), pages 225-243, September.
When requesting a correction, please mention this item's handle: RePEc:ces:ceswps:_689. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Julio Saavedra)
If references are entirely missing, you can add them using this form.