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Author: Saint-Paul, Gilles
Resulting in 1 citation.
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Kugler, Adriana D. Saint-Paul, Gilles |
How Do Firing Costs Affect Worker Flows in a World with Adverse Selection? Journal of Labor Economics 22,3 (July 2004): 553-585. Also: http://www.jstor.org/stable/10.1086/383107 Cohort(s): NLSY79 Publisher: University of Chicago Press Keyword(s): Layoffs; Modeling; Re-employment; Unemployment; Unions This article provides theoretical and empirical analyses of a firing costs model with adverse selection. Our theory suggests that, as firing costs increase, firms increasingly prefer hiring employed workers, who are less likely to be lemons. Estimates of re-employment probabilities from the National Longitudinal Survey of Youth support this prediction. Unjust-dismissal provisions in U.S. states reduce the re-employment probabilities of unemployed workers relative to employed workers. Consistent with a lemons story, the relative effects of unjust-dismissal provisions on the unemployed are generally smaller for union workers and those who lost their previous jobs due to the end of a contract. [ABSTRACT FROM AUTHOR] |
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Bibliography Citation
Kugler, Adriana D. and Gilles Saint-Paul. "How Do Firing Costs Affect Worker Flows in a World with Adverse Selection?" Journal of Labor Economics 22,3 (July 2004): 553-585.
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