Paying for others ’ protection : Causal evidence on wages in a two - tier system ∗

Abstract

Mandated employment protection reduces wages of workers by shifting both the demand and supply schedules. In a segmented labor market, a reform of employment protection is expected to have an asymmetric impact on wages of entry and incumbent jobs. We explore a reform that increased the employment protection of open-ended contracts for a well-defined subset… (More)

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Cite this paper

@inproceedings{Centeno2013PayingFO, title={Paying for others ’ protection : Causal evidence on wages in a two - tier system ∗}, author={M{\'a}rio Centeno and {\'A}lvaro A. Novo}, year={2013} }