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Author:Hunt, J.
Title:Firing costs, employment fluctuations and average employment: an examination of Germany
Journal:Economica
2000 : MAY, VOL. 67:266, p. 177-202
Index terms:Labour markets
Germany
Employment
Europe
Manufacturing industry
Econometrics
Legislation
Flexible working hours
Language:eng
Abstract:One of the features that distinguishes most European labour markets from the US labour market is the existence of higher "firing costs". By the 1980s several European governments had become persuaded that the costs might deter hiring even more than firing, and legislated reductions in firing costs. In this paper is used a panel of industries for 1977-92 to examine the effect on German employment of reductions in firing costs and in costs of adjusting hours per worker.
SCIMA record nr: 215136
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