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The Effects of Employment Insecurity on Demand, Productivity and Employment Levels

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  • Andrea Pacella

Abstract

This paper investigates the effects of labour market deregulation on demand, productivity and employment levels in the short term. The focus will be on deregulation of labour contracts, i.e. on the transition from a legal system that guarantees permanent employment to a system of formal rules allowing for job insecurity. The idea is that the greater the deregulation of labour contracts, the higher the productivity and the lower the demand and employment levels.

Suggested Citation

  • Andrea Pacella, 2009. "The Effects of Employment Insecurity on Demand, Productivity and Employment Levels," Review of Political Economy, Taylor & Francis Journals, vol. 21(2), pages 273-289.
    • Handle: RePEc:taf:revpoe:v:21:y:2009:i:2:p:273-289
    DOI: 10.1080/09538250902834061
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    Cited by:

    1. Nadia Oliva & Andrea Pacella, 2016. "Does Firms¡¯ Social Responsibility Counteract Some Critical Effects of Labor Market Flexibility?," Journal of Management and Sustainability, Canadian Center of Science and Education, vol. 6(1), pages 109-120, March.
    2. Forges Davanzati, Guglielmo & Pacella, Andrea, 2013. "The profits-investments puzzle: A Post Keynesian-Institutional interpretation," Structural Change and Economic Dynamics, Elsevier, vol. 26(C), pages 1-13.
    3. Guglielmo Forges Davanzati & Nicolò Giangrande, 2018. "The theoretical basis of the CGIL's analysis of the Italian economic decline," Working Papers PKWP1801, Post Keynesian Economics Society (PKES).

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