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...
|Place of publication:||
HOBOKEN Wiley-Blackwell 01.03.2014
Wiley Subscription Services, Inc
|published in:||The Economic journal (London) Vol. 124; no. 575; pp. 31 - 61|
|Data of publication:||20140301|
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.
|Database:||Social Sciences Citation Index
Web of Science - Social Sciences Citation Index - 2014
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