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...
Автор: | |
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Формат: | Журнал |
Мова: | English |
Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2003.
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Серія: | IMF Working Papers; Working Paper ;
No. 2003/075 |
Онлайн доступ: | Full text available on IMF |