THE IMPACT OF FIRING RESTRICTIONS ON LABOUR MARKET EQUILIBRIUM IN THE PRESENCE OF ON-THE-JOB SEARCH

Job-to-job turnover provides a way for employers to escape statutory firing costs, as unprofitable workers may willfully quit their job on receiving an outside offer, or may be induced to accept one that they would otherwise reject with a negotiated severance package. We formalise those mechanisms w...

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Bibliographic details
Volume:	124
Main Author:	Fabien Postel-Vinay Hélène Turon
Format:	Journal Article
Language:	English
Zielgruppe:	Trade Academic
Place of publication:	HOBOKEN Wiley-Blackwell 01.03.2014 WILEY-BLACKWELL Wiley Subscription Services, Inc
published in:	The Economic journal (London) Vol. 124; no. 575; pp. 31 - 61
Data of publication:	20140301
ISSN:	0013-0133 1468-0297
EISSN:	1468-0297
Discipline:	Economics
Bibliography:	A previous version of this article was circulated under the title ‘Severance Packages’. We thank the editor and three anonymous referees for particularly helpful and constructive comments.
Subjects:	Productivity Job hunting Labor productivity Employment Employment termination Labor markets Minimum wage Economic costs Unemployment Employee productivity Economics Business & Economics Social Sciences Employee dismissals EUROPE CONTRACTS SECURITY RIGIDITIES WORKER EMPLOYMENT UNEMPLOYMENT US
Online Access:	Fulltext
Database:	Social Sciences Citation Index Web of Science - Social Sciences Citation Index - 2014 Web of Knowledge Web of Science CrossRef Gale General OneFile (A&I only) Academic OneFile (A&I only) Database information Databases - DBIS