Job-Specific Investment and the Cost of Dismissal Restrictions : The Case of Portugal /

Using a search and matching labor market equilibrium model, this paper quantifies lost labor productivity and consumption per worker that emerges from the restrictions on dismissals. Dismissal restrictions hamper the efficient reallocation of workers, with workers remaining longer in jobs. But the r...

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Detalhes bibliográficos
Autor principal: Takizawa, H.
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2003.
Colecção:IMF Working Papers; Working Paper ; No. 2003/075
Acesso em linha:Full text available on IMF