haku: @indexterm labour turnover / yhteensä: 177
viite: 8 / 177
| Tekijä: | Koeniger, W. Prat, J. |
| Otsikko: | Employment protection, product market, regulation and firm selection |
| Lehti: | Economic Journal
2007 : JUN, VOL. 117:521, p. 302-332 |
| Asiasana: | employment protection equilibrium analysis job turnover labour turnover OECD regulations |
| Kieli: | eng |
| Tiivistelmä: | This paper examines job turnover rates and the reasons behind their similarity across OECD countries. The authors suggest that this happens because of the joint regulation of product and labour markets. The analysis is based on a stochastic equilibrium model whit search frictions and heterogeneous multiple-worker firms, which enables to separate firm entry and exit from hiring and firing. It is demonstrated that firing costs, sunk entry costs and bureaucratic flow costs have countervailing impact on firm and labour turnover. |
SCIMA