The Employment Effects of Severance Payments with Wage Rigidities

By Pietro Garibaldi, Giovanni L. Violante. 2005

230 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/6dcc0ee1377d4dce76287cf76b9c92883aa3ae1c

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In Economics and Econometrics

1. G. Kambourov
2. Ronni Pavan

Citations in the corpus

• Labour Market Regulations and the Sectoral Reallocation of Workers: The Case of Trade Reforms (2009, background): “20See Alvarez and Veracierto (2001), Delacroix (2003), and Garibaldi and Violante (2005) for environments which model and discuss both the transfer and the tax component of firing costs and study their effects. and concludes that, although theoretically severance payments might not have an effect…”
• Who Pays for It? The Heterogeneous Wage Effects of Employment Protection Legislation (2013, unknown): “In both contexts, the impact of EPL on the wage profile is tantamount to a newly hired worker posting a bond equal to his share of the future severance payment (Mortensen and Pissarides, 1999; Ljungqvist, 2002; Garibaldi and Violante, 2005).”
• Temporary Employment, Job Flows and Productivity: A Tale of Two Reforms (2012, unknown): “The protection of EPL strengthens the outside option of workers so that they may claim higher wages (Garibaldi and Violante, 2005).”