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- W2162275303 abstract "We investigate the determinants of firms’ implicit insurance to employees, using a difference-in-difference approach: we rely on differences between family and non-family firms to identify the supply of insurance, and exploit variation in unemployment insurance across and within countries to gauge workers’ demand for insurance. Using a firm-level panel from 41 countries, we find that family firms feature more stable employment, greater wage flexibility and lower labor cost than non-family ones. Employment stability in family firms is greater, and the wage discount larger, in countries with more generous public unemployment insurance: private and public provision of employment insurance are substitutes." @default.
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- W2162275303 date "2015-01-01" @default.
- W2162275303 modified "2023-10-03" @default.
- W2162275303 title "Employment and Wage Insurance within Firms: Worldwide Evidence" @default.
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- W2162275303 doi "https://doi.org/10.2139/ssrn.2664009" @default.
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