On the effects of firing costs when investment is endogenous: An extension of a model by Bertola
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Bertola, Giuseppe, 1990. "Job security, employment and wages," European Economic Review, Elsevier, vol. 34(4), pages 851-879, June.
- Edward P. Lazear, 1990. "Job Security Provisions and Employment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 105(3), pages 699-726.
- Samuel Bentolila & Giuseppe Bertola, 1990. "Firing Costs and Labour Demand: How Bad is Eurosclerosis?," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 57(3), pages 381-402.
- Bertola, Giuseppe, 1992.
"Labor Turnover Costs and Average Labor Demand,"
Journal of Labor Economics, University of Chicago Press, vol. 10(4), pages 389-411, October.
- Bertola, Giuseppe, 1991. "Labour Turnover Costs and Average Labour Demand," CEPR Discussion Papers 601, C.E.P.R. Discussion Papers.
- Giuseppe Bertola, 1991. "Labor Turnover Costs and Average Labor Demand," NBER Working Papers 3866, National Bureau of Economic Research, Inc.
- Avinash K. Dixit & Robert S. Pindyck, 1994. "Investment under Uncertainty," Economics Books, Princeton University Press, edition 1, number 5474.
- Michael K. Gavin, 1986. "Labor market rigidities and unemployment: the case of severance costs," International Finance Discussion Papers 284, Board of Governors of the Federal Reserve System (U.S.).
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Kanniainen, V. & Vesala, T., 2000.
"Enterprise Formation and Labor Market Institutions,"
University of Helsinki, Department of Economics
483, Department of Economics.
- Vesa Kanniainen & Timo Vesala, 2000. "Enterprise Formation and Labor Market Institutions," CESifo Working Paper Series 359, CESifo.
- Chen, Yu-Fu & Funke, Michael, 2002.
"Exchange Rate Uncertainty and Labour Market Adjustment under Fixed and Flexible Exchange Rates,"
Discussion Paper Series
26287, Hamburg Institute of International Economics.
- Michael Funke & Yu-Fu Chen, 2004. "Exchange rate uncertainty and labour market adjustment under fixed and flexible exchange rates," Money Macro and Finance (MMF) Research Group Conference 2003 33, Money Macro and Finance Research Group.
- Yu-Fu Chen & Michael Funke, 2002. "Exchange Rate Uncertainty and Labour Market Adjustment under Fixed and Flexible Exchange Rates," CESifo Working Paper Series 779, CESifo.
- Yu-Fu Chen & Michael Funke, 2002. "Exchange Rate Uncertainty and Labour Market Adjustment under Fixed and Flexible Exchange Rates," Quantitative Macroeconomics Working Papers 20202, Hamburg University, Department of Economics.
- Chen, Yu-Fu & Funke, Michael, 2002. "Exchange rate uncertainty and labour market adjustment under fixed and flexible exchange rates," HWWA Discussion Papers 196, Hamburg Institute of International Economics (HWWA).
- Claudio Montenegro & Carmen Pagés-Serra, 2003. "¿Quién se beneficia con la normativa de los mercados laborales?: Chile, 1960-1998," Research Department Publications 4346, Inter-American Development Bank, Research Department.
- Amil Petrin & Jagadeesh Sivadasan, 2006.
"Job Security Does Affect Economic Efficiency: Theory, A New Statistic, and Evidence from Chile,"
NBER Working Papers
12757, National Bureau of Economic Research, Inc.
- Jagadeesh Sivadasan & Amil Petrin, 2007. "Job Security Does Affect Economic Efficiency, Theory, A New Statistic, and Evidence from Chile," 2007 Meeting Papers 183, Society for Economic Dynamics.
- Roxana Radulescu & Martin Robson, 2013. "Does labour market flexibility matter for investment? A study of manufacturing in the OECD," Applied Economics, Taylor & Francis Journals, vol. 45(5), pages 581-592, February.
- Claudio Montenegro & Carmen Pagés, 2005.
"Who Benefits from Labor Market Regulations? Chile 1960-1998,"
Central Banking, Analysis, and Economic Policies Book Series, in: Jorge Restrepo & Andrea Tokman R. & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (Series Edi (ed.),Labor Markets and Institutions, edition 1, volume 8, chapter 4, pages 077-114,
Central Bank of Chile.
- Claudio E. Montenegro & Carmen Pagés, 2004. "Who Benefits from Labor Market Regulations? Chile, 1960-1998," NBER Chapters, in: Law and Employment: Lessons from Latin America and the Caribbean, pages 401-434, National Bureau of Economic Research, Inc.
- Claudio Montenegro & Carmen Pages, 2003. "Who Benefits from Labor Market Regulations? Chile 1960-1998," NBER Working Papers 9850, National Bureau of Economic Research, Inc.
- Claudio E. Montenegro & Carmen Pages, 2003. "Who benefits from labor market regulations? Chile 1960-1998," Policy Research Working Paper Series 3143, The World Bank.
- Claudio Montenegro & Carmen Pagés-Serra, 2003. "Who Benefits from Labor Market Regulations? Chile 1960-1998," Research Department Publications 4345, Inter-American Development Bank, Research Department.
- Montenegro, Claudio E. & Pagés, Carmen, 2003. "Who Benefits from Labor Market Regulations?: Chile 1960-1998," IDB Publications (Working Papers) 1105, Inter-American Development Bank.
- Carmen Pagés-Serra, 2000.
"The Cost of Job Security Regulation: Evidence from Latin American Labor Markets,"
Economía Journal, The Latin American and Caribbean Economic Association - LACEA, vol. 0(Fall 2000), pages 109-154, August.
- Pagés, Carmen & Heckman, James J., 2000. "The Cost of Job Security Regulation: Evidence from Latin American Labor Markets," IDB Publications (Working Papers) 1094, Inter-American Development Bank.
- Carmen Pagés-Serra & James J. Heckman, 2000. "The Cost of Job Security Regulation: Evidence from Latin American Labor Markets," Research Department Publications 4227, Inter-American Development Bank, Research Department.
- James J. Heckman & Carmen Pages, 2000. "The Cost of Job Security Regulation: Evidence from Latin American Labor Markets," NBER Working Papers 7773, National Bureau of Economic Research, Inc.
- Heckman, James & Pagés-serra, Carmen, 2000. "The cost of job security regulation: evidence from Latin American labor markets," LSE Research Online Documents on Economics 123060, London School of Economics and Political Science, LSE Library.
- Jyh‐Bang Jou & Tan (Charlene) Lee, 2021. "Uncertainty, hiring and firing costs, and the determinants of profit‐sharing rules," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(1), pages 185-197, January.
- Glazer, A. & Kanniainen, V., 2000.
"The Effects of Employment Protection on the Choice of Risky Projects,"
University of Helsinki, Department of Economics
487, Department of Economics.
- Glazer, A. & Kanniainen, V., 2000. "The Effects of Employment Protection on the Choice of Risky Projects," Papers 00-05, California Irvine - School of Social Sciences.
- Amihai Glazer & Vesa Kanniainen, 2002. "The Effects of Employment Protection on the Choice of Risky Projects," CESifo Working Paper Series 689, CESifo.
- Kanniainen, Vesa & Vesala, Timo, 2005. "Entrepreneurship and labor market institutions," Economic Modelling, Elsevier, vol. 22(5), pages 828-847, September.
- Nikolaj Malchow-møller & Jan Rose Skaksen, 2014. "The welfare effects of business-cycle-induced immigration," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 23(5), pages 682-709, August.
- Normann Rion, 2021. "Job creation in a dual labor market: a constructivist approach," Working Papers hal-03125344, HAL.
- Carmen Pagés-Serra & James J. Heckman, 2000. "El costo de la regulación de la estabilidad laboral: elementos de juicio de los mercados laborales latinoamericanos," Research Department Publications 4228, Inter-American Development Bank, Research Department.
- Michał Brzozowski, 2011. "The interplay between labor market rigidity and volatility-growth nexus," International Review of Applied Economics, Taylor & Francis Journals, vol. 25(4), pages 405-418.
- Yu-Fu Chen & Michael Funke, 2003. "Exchange Rate Uncertainty and Labour Market Flexibility under Fixed and Flexible Exchange Rates," Dundee Discussion Papers in Economics 149, Economic Studies, University of Dundee.
- Jeon, Haejun & Cui, Xue & Zhang, Chuanqian, 2023. "The effects of labor choice on investment and output dynamics," Journal of Corporate Finance, Elsevier, vol. 83(C).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Yu‐Fu Chen & Dennis Snower & Gylfi Zoega, 2003.
"Labour‐market Institutions and Macroeconomic Shocks,"
LABOUR, CEIS, vol. 17(2), pages 247-270, June.
- Yu-Fu Chen & Dennis Snower & Gylfi Zoega, 2001. "Labour Market Institutions and Macroeconomic Shocks," Dundee Discussion Papers in Economics 123, Economic Studies, University of Dundee.
- Snower, Dennis & Zoega, Gylfi & Chen, Yu-Fu, 2002. "Labour Market Institutions and Macroeconomic Shocks," CEPR Discussion Papers 3480, C.E.P.R. Discussion Papers.
- Chen, Yu-Fu & Snower, Dennis J. & Zoega, Gylfi, 2002. "Labour-Market Institutions and Macroeconomic Shocks," IZA Discussion Papers 539, Institute of Labor Economics (IZA).
- Booth, Alison L. & Zoega, Gylfi, 2003. "On the welfare implications of firing costs," European Journal of Political Economy, Elsevier, vol. 19(4), pages 759-775, November.
- repec:eee:labchp:v:3:y:1999:i:pc:p:2985-3028 is not listed on IDEAS
- Andrea Vindigni & Simone Scotti & Cristina Tealdi, 2015.
"Uncertainty and the Politics of Employment Protection,"
Journal of Labor Economics, University of Chicago Press, vol. 33(1), pages 209-267.
- Vindigni, Andrea & Scotti, Simone & Tealdi, Cristina, 2008. "Uncertainty and the Politics of Employment Protection," Papers 05-27-2008, Princeton University, Research Program in Political Economy.
- Andrea Vindigni & Simone Scotti & Cristina Tealdi, 2013. "Uncertainty and the Politics of Employment Protection," Carlo Alberto Notebooks 298, Collegio Carlo Alberto.
- Andrea Vindigni & Cristina Tealdi, 2012. "Uncertainty and the Politics of Employment Protection," Working Papers 6/2012, IMT School for Advanced Studies Lucca, revised May 2013.
- Adriana Kugler, 1999.
"The Impact of Firing Costs on Turnover and Unemployment: Evidence from the Colombian Labour Market Reform,"
International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 6(3), pages 389-410, August.
- Adriana D. Kugler, 1999. "The impact of firing costs on turnover and unemployment: Evidence from the Colombian labour market reform," Economics Working Papers 388, Department of Economics and Business, Universitat Pompeu Fabra.
- Paulo Mota & José Varejão & Paulo Vasconcelos, 2015. "A hysteresis model-based indicator for employment adjustment rigidity," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 42(3), pages 547-569, August.
- Kugler, Adriana, 2000.
"The Incidence of Job Security Regulations on Labor Market Flexibility and Compliance in Colombia: Evidence from the 1990 Reform,"
IDB Publications (Working Papers)
3267, Inter-American Development Bank.
- Adriana Kugler, 2000. "The Incidence of Job Security Regulations on Labor Market Flexibility and Compliance in Colombia: Evidence from the 1990 Reform," Research Department Publications 3094, Inter-American Development Bank, Research Department.
- Eugeniusz Kwiatkowski & Przemysław Włodarczyk, 2012. "Wpływ prawnej ochrony zatrudnienia na rynek pracy w warunkach negatywnego szoku ekonomicznego," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 11-12, pages 1-23.
- Strand, Jon, 2002. "Wage bargaining and turnover costs with heterogenous labor and perfect history screening," European Economic Review, Elsevier, vol. 46(7), pages 1209-1227, July.
- Claudio Montenegro & Carmen Pagés, 2005.
"Who Benefits from Labor Market Regulations? Chile 1960-1998,"
Central Banking, Analysis, and Economic Policies Book Series, in: Jorge Restrepo & Andrea Tokman R. & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (Series Edi (ed.),Labor Markets and Institutions, edition 1, volume 8, chapter 4, pages 077-114,
Central Bank of Chile.
- Claudio E. Montenegro & Carmen Pagés, 2004. "Who Benefits from Labor Market Regulations? Chile, 1960-1998," NBER Chapters, in: Law and Employment: Lessons from Latin America and the Caribbean, pages 401-434, National Bureau of Economic Research, Inc.
- Claudio Montenegro & Carmen Pages, 2003. "Who Benefits from Labor Market Regulations? Chile 1960-1998," NBER Working Papers 9850, National Bureau of Economic Research, Inc.
- Claudio Montenegro & Carmen Pagés-Serra, 2003. "Who Benefits from Labor Market Regulations? Chile 1960-1998," Research Department Publications 4345, Inter-American Development Bank, Research Department.
- Montenegro, Claudio E. & Pagés, Carmen, 2003. "Who Benefits from Labor Market Regulations?: Chile 1960-1998," IDB Publications (Working Papers) 1105, Inter-American Development Bank.
- Claudio E. Montenegro & Carmen Pages, 2003. "Who benefits from labor market regulations? Chile 1960-1998," Policy Research Working Paper Series 3143, The World Bank.
- Jeon, Haejun & Cui, Xue & Zhang, Chuanqian, 2023. "The effects of labor choice on investment and output dynamics," Journal of Corporate Finance, Elsevier, vol. 83(C).
- Tito Boeri & Giuseppe Nicoletti & Stefano Scarpetta, "undated".
"Regulation and Labour Market Performance,"
Working Papers
158, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Boeri, Tito & Scarpetta, Stefano & Nicoletti, Giuseppe, 2000. "Regulation And Labour Market Performance," CEPR Discussion Papers 2420, C.E.P.R. Discussion Papers.
- John T. Addison & Paulino Teixeira & Jean‐Luc Grosso, 2000. "The Effect of Dismissals Protection on Employment: More on a Vexed Theme," Southern Economic Journal, John Wiley & Sons, vol. 67(1), pages 105-122, July.
- E. Galdon-Sanchez, Jose & Guell, Maia, 2003.
"Dismissal conflicts and unemployment,"
European Economic Review, Elsevier, vol. 47(2), pages 323-335, April.
- José Enrique Galdón Sánchez & Maia Güell, 2001. "Dismissal conflicts and unemployment," Documentos de Trabajo - Lan Gaiak Departamento de Economía - Universidad Pública de Navarra 0105, Departamento de Economía - Universidad Pública de Navarra.
- Martínez Matute, Marta & Perez Dominguez, Carlos, 2012. "El impacto de los costes de despido sobre el empleo en España: Una estimación con datos de panel/Impact Of Firing Costs On The Spanish Employment: A Panel Data Estimation," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 30, pages 137-162, Abril.
- Fella, Giulio, 2000. "Efficiency wage and efficient redundancy pay," European Economic Review, Elsevier, vol. 44(8), pages 1473-1490, August.
- Parsons, Donald O., 2011. "Mandated Severance Pay and Firing Cost Distortions: A Critical Review of the Evidence," IZA Discussion Papers 5776, Institute of Labor Economics (IZA).
- Strand, J., 1998. "Wage Bargaining and Turnover Costs with Heterogeneous Labour: The No-screening Case," Memorandum 14/1998, Oslo University, Department of Economics.
- Holmlund, Bertil, 2014.
"What do labor market institutions do?,"
Labour Economics, Elsevier, vol. 30(C), pages 62-69.
- Holmlund, Bertil, 2013. "What do labor market institutions do?," Working Paper Series 2013:23, Uppsala University, Department of Economics.
- Bertil Holmlund, 2014. "What Do Labor Market Institutions Do?," CESifo Working Paper Series 4582, CESifo.
- Holmlund, Bertil, 2013. "What Do Labor Market Institutions Do?," IZA Discussion Papers 7809, Institute of Labor Economics (IZA).
- Holmlund, Bertil, 2013. "What do labor market institutions do?," Working Paper Series, Center for Labor Studies 2013:14, Uppsala University, Department of Economics.
- Gyeongjoon Yoo & Changhui Kang, 2012. "The Effect of Protection of Temporary Workers on Employment Levels: Evidence from the 2007 Reform of South Korea," ILR Review, Cornell University, ILR School, vol. 65(3), pages 578-606, July.
- Peter Kuhn, "undated". "Canada and the "OECD Hypothesis": Does Labour Market Inflexibility Explain Canada's High Level of Unemployment?," Canadian International Labour Network Working Papers 10, McMaster University.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:eecrev:v:41:y:1997:i:7:p:1343-1353. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/eer .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.