FIRING COSTS AND LABOR DEMAND - HOW BAD IS EUROSCLEROSIS

被引：535

作者：

BENTOLILA, S ^{[1
]}

BERTOLA, G ^{[1
]}

机构：

[1] PRINCETON UNIV,PRINCETON,NJ 08544

来源：

REVIEW OF ECONOMIC STUDIES | 1990年 / 57卷 / 03期

关键词：

D O I：

10.2307/2298020

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper proposes a model of firms' optimal employment policies under linear adjustment costs. We find that firing costs have a larger effect on firms' propensity to fire than to hire, and (slightly) increase average long-run employment. Calibrating the model with realistic parameter values, we argue that high firing costs, slower and more uncertain growth, and lower attrition rates after the first oil shock can explain some features of employment's dynamic behaviour in the largest European countries. © 1990 The Review of Economic Studies Limited.

引用

页码：381 / 402

页数：22