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La evolución institucional del despido en españa: una interpretación en términos de un accidente histórico

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  • Malo, Miguel Ángel

Abstract

In this article, we present an analysis of the institutional evolution of firing in Spain. We explain how a certain path-dependence has been created by historical accidents and how this is the mechanism behind the current system of a costly employment at will. The incentives of firms, workers and governments to sustain such a system are also discussed. We show the main inefficiencies of the system: a substantial increase in severance pay, a distorted use of the legal framework, and limitations to give a rapid answer to a big negative shock. Finally, we discuss how the unemployment benefits reform of 2002 can be understood as the culmination of Spain's policy of costly employment at will.

Suggested Citation

  • Malo, Miguel Ángel, 2005. "La evolución institucional del despido en españa: una interpretación en términos de un accidente histórico," Revista de Historia Económica / Journal of Iberian and Latin American Economic History, Cambridge University Press, vol. 23(1), pages 83-115, March.
    • Handle: RePEc:cup:reveco:v:23:y:2005:i:01:p:83-115_01
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    Cited by:

    1. Miguel Á., Malo, 2017. "Labour market institutions in small Pacific island countries: Main guidelines for labour market reforms," MPRA Paper 79988, University Library of Munich, Germany.
    2. Elva López Mourelo & Miguel Ángel Malo, 2015. "El mercado de trabajo en España: el contexto europeo, los dos viejos desafíos y un nuevo problema," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, vol. 87(01), pages 32-59.
    3. Camille Signoretto & Julie Valentin, 2019. "Individual dismissals for personal and economic reasons in French firms: One or two models?," European Journal of Law and Economics, Springer, vol. 48(2), pages 241-265, October.
    4. Cueto, Begoña & Patricia, Suárez, 2014. "A review of active and passive labour market policies in Spain," MPRA Paper 60648, University Library of Munich, Germany.

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