Employment Protection, Firm Selection, and Growth

@article{Poschke2007EmploymentPF,
  title={Employment Protection, Firm Selection, and Growth},
  author={Markus Poschke},
  journal={IO: Productivity},
  year={2007}
}
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88 Citations
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88 Citations

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References

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A simple dynamic general equilibrium model is set up in which firms face idiosyncratic productivity shocks. Firms whose productivity has fallen too low exit, and entrants try to imitate the practice…
Job Turnover and Policy Evaluation: A General Equilibrium Analysis
Recent empirical work indicates that job creation and destruction rates are large, implying significant amounts of job reallocation across firms. This paper builds a general equilibrium model of this…
DO FIRING COSTS AFFECT THE INCIDENCE OF FIRM BANKRUPTCY?
An overlooked topic is the treatment of worker claims when firms are shutting down. In fact, when firms close, worker claims such as severance pay often go unfulfilled. To evaluate the quantitative…
The Role of Policy and Institutions for Productivity and Firm Dynamics: Evidence from Micro and Industry Data
This paper presents empirical evidence on the role that policy and institutional settings in both product and labour market play for productivity and firm dynamics. It exploits a new firm-level…
Employment Protection, International Specialization, and Innovation
We develop a model to analyze the implications of firing costs on incentives for R & D and international specialization. The key idea is that, to avoid paying firing costs, the country with a rigid…
Flexibility, Investment, and Growth
Industrial evolution in developing countries : micro patterns of turnover, productivity, and market structure
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Entry, exit, and firm dynamics in long run equilibrium
A dynamic stochastic model for a competitive industry is developed in which entry, exit, and the growth of firms' output and employment is determined. The paper extends long-run industry equilibrium…
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