Arbeitspapier
Job flow dynamics and firing restrictions: evidence from Europe
We exploit homogeneous firm level data of manufacturing and non-manufacturing sectors to study the impact of firing restrictions on job flow dynamics across 14 European countries. We find that more stringent firing laws dampen the response of job destruction to the cycle, thus making job turnover less counter-cyclical. Moreover, the impact of firing costs on job creation and job destruction varies across sectors, depending on sector-specific trend growth. Our findings clearly suggest that such costs are more important in contracting than in growing sectors.
- Language
-
Englisch
- Bibliographic citation
-
Series: IZA Discussion Papers ; No. 2045
- Classification
-
Wirtschaft
Labor Demand
Labor Turnover; Vacancies; Layoffs
Mobility, Unemployment, and Vacancies: Public Policy
- Subject
-
gross job flows
Europe
business cycle
firing costs
Arbeitsmarkt
Personalabbau
Personalbedarf
Personalkosten
Konjunktur
Westeuropa
- Event
-
Geistige Schöpfung
- (who)
-
Messina, Julián
Vallanti, Giovanna
- Event
-
Veröffentlichung
- (who)
-
Institute for the Study of Labor (IZA)
- (where)
-
Bonn
- (when)
-
2006
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Messina, Julián
- Vallanti, Giovanna
- Institute for the Study of Labor (IZA)
Time of origin
- 2006
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