The Reallocation of Employment and the Role of Employment Protection LegislationCentre for Economic Performance, London School of Economics and Political Science, 1994 - Employment (Economic theory) - 61 pages |
Common terms and phrases
Absolute Employment adjustment of employment adjustment speed aggregate Alternative EPL Rankings Average Absolute Average Disequilibrium Belgium UK Bertola business cycle capital stock cointegrating Correlation Coefficient costs of slow country's EPL CST RWH HOT Data Appendix Denmark differences in reallocation Disequilibrium and EPL Disequilibrium in USA Economic Performance economy EGW CST RWH Emerson/Bertola employment adjustment employment growth rates Employment Protection Legislation Employment Reallocation EPL and reallocation EPL regime EPL regulations estimate factors FIGURE FIGURE 17 firms Growth Disequilibrium Italy Japan labour force growth Labour Market labour reallocation local currency log Nikt logN Loose EPL Countries measures of reallocation MEQ MOT EGW MNM BMI MEQ Netherlands OECD output P.NEARY Persistence of Disequilibrium reallocation achieved reallocation of labour reallocation speed matter regressions RWH HOT TST Slower Adjusting speed of adjustment speed of labour Strict EPL Countries Sweden tight EPL unemployment rate Variance of Employment