Please use this identifier to cite or link to this item:
https://hdl.handle.net/10419/21452
Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Garibaldi, Pietro | en |
dc.contributor.author | Pacelli, Lia | en |
dc.contributor.author | Borgarello, Andrea | en |
dc.date.accessioned | 2009-01-28T16:22:32Z | - |
dc.date.available | 2009-01-28T16:22:32Z | - |
dc.date.issued | 2003 | - |
dc.identifier.uri | http://hdl.handle.net/10419/21452 | - |
dc.description.abstract | The existing literature ignores the fact that in most European countries the strictness of Employment Protection Legislation (EPL) varies across the firm size distribution. In Italy firms are obliged to rehire an unfairly dismissed worker only if they employ more than 15 employees. Theoretically, the paper solves a baseline model of EPL with threshold effects, and shows that firms close to the threshold are characterized by an increase in inaction andby a reluctance to grow. Empirically, the paper estimates transition probability matrices on firm level employment using a longitudinal data set based on Italian Social Security (INPS) records, and finds two results. First, firms close to the 15 employees threshold experience an increase in persistence of 1.5 percent with respect to a baseline statistical model. Second,firms with 15 employees are more likely to move backward than upward. Finally, the paper tests the effect of a 1990 reform which tightened the regulation on individual dismissal only for small firms. It finds that the persistence of small firms relative to large firms increased significantly. Overall, these threshold effects are significant and robust, but quantitativelysmall. | en |
dc.language.iso | eng | en |
dc.publisher | |aInstitute for the Study of Labor (IZA) |cBonn | en |
dc.relation.ispartofseries | |aIZA Discussion Papers |x787 | en |
dc.subject.jel | J4 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | employment protection legislation | en |
dc.subject.keyword | firm size | en |
dc.subject.stw | Arbeitsrecht | en |
dc.subject.stw | Kündigungsschutz | en |
dc.subject.stw | Betriebsgröße | en |
dc.subject.stw | Unternehmenswachstum | en |
dc.subject.stw | Schätzung | en |
dc.subject.stw | Theorie | en |
dc.subject.stw | Italien | en |
dc.title | Employment Protection Legislation and the Size of Firms | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 364387319 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
Files in This Item:
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.