Arbeitspapier

Employment Protection Legislation and Job Reallocation across Sectors, Firms and Workers: A Survey

This paper provides a review of the existing literature on the effects of employment protection legislation (EPL) on job allocation across industries, firms, and workers, and its implications for innovation and economic growth. We analyze empirical studies to assess how EPL influences resource allocation, firm dynamics, and labor market segmentation. The review highlights the heterogeneous effects of EPL on different firms and workers' groups. Additionally, we discuss the channels identified in the structural literature through which EPL-induced job reallocation affects productivity, innovation, and overall growth. While existing evidence demonstrates the significant influence of EPL on all these outcomes, further quantification of these effects remains a research challenge.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 16747

Klassifikation
Wirtschaft
Labor Demand
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
Innovation and Invention: Processes and Incentives
Thema
JO8
job protection
job allocation
economic growth
productivity
innovation

Ereignis
Geistige Schöpfung
(wer)
Cahuc, Pierre
Palladino, Marco G.
Ereignis
Veröffentlichung
(wer)
Institute of Labor Economics (IZA)
(wo)
Bonn
(wann)
2024

Letzte Aktualisierung
20.09.2024, 08:23 MESZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
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Objekttyp

  • Arbeitspapier

Beteiligte

  • Cahuc, Pierre
  • Palladino, Marco G.
  • Institute of Labor Economics (IZA)

Entstanden

  • 2024

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