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- W1541495181 abstract "This paper shows that the effects of employment protection critically depend on its enforcement. For this purpose, we capture evasion of employment protection via market exit in a setting of monopolistic competition. We find that the number of firms entering the market depends on firing costs only in the case of imperfect enforcement of employment protection. Furthermore, the possibility to circumvent firing restrictions by exiting the market mitigates the adverse efficiency effects of employment protection and can reverse the sign of the change in employment associated with an increase in firing costs." @default.
- W1541495181 created "2016-06-24" @default.
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- W1541495181 date "2008-01-01" @default.
- W1541495181 modified "2023-10-01" @default.
- W1541495181 title "Employment Protection: The Case of Limited Enforceability" @default.
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- W1541495181 doi "https://doi.org/10.2139/ssrn.1156761" @default.
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