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on Informal and Underground Economics |
| By: | Samuel Bentolila (CEMFI, Centro de Estudios Monetarios y Financieros); Juan J. Dolado (Universidad Carlos III de Madrid); Juan F. Jimeno (Banco de España) |
| Abstract: | This paper provides an overview of recent research on dual labour markets. Theoretical and empirical contributions on the labour-market effects of dual employment protection legislation are revisited, as well as factors behind its resilience and policies geared towards correcting its negative economic and social consequences. The topics covered include the stepping-stone or dead-end nature of temporary contracts, their effects on employment, unemployment, churn, training, productivity growth, wages, and labour market inflows and outflows. The paper reviews both theoretical advances and relevant policy discussions on a very relevant topic in many European countries, in particular in several that had a very poor employment performance during the recent global economic and financial crisis. |
| Keywords: | Dual labor markets, employment protection, temporary contracts, job creation, job destruction, churn. |
| JEL: | J23 J32 J63 |
| Date: | 2019–03 |
| URL: | http://d.repec.org/n?u=RePEc:cmf:wpaper:wp2019_1902&r=all |
| By: | Tomomi Miyazaki (Associate Professor,Graduate School of Economics, Kobe University); Masayuki Tamaoka (Professor,Graduate School of Economics, Kobe University); Ayu Tomita (Student,Graduate School of Economics, Kobe University); Keigo Kameda (Professor,School of Policy Studies,Kwansei Gakuin University); Akihiro Kawase (Professor,Faculty of Economics, Toyo University); Katsuyoshi Nakazawa (Professor,Faculty of Economics, Toyo University); Hiroyuki Ono (Professor,Faculty of Economics, Toyo University); Naoko Yokoyama (Professor,Faculty of Economics, Osaka Sangyo University) |
| Date: | 2020–02 |
| URL: | http://d.repec.org/n?u=RePEc:koe:wpaper:2004&r=all |