Does employment protection inhibit labor market flexibility?: lessons from Germany, France and Belgium
Laws in most Western European countries give workers strong job rights, including the right to advance notice of layoff and the right to severance pay or other compensation if laid off. Many of these same countries also encourage hours adjustment in lieu of layoffs by providing prorated unemployment...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, MA
1993
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| Schriftenreihe: | NBER working paper series
4390 |
| Schlagworte: | |
| Zusammenfassung: | Laws in most Western European countries give workers strong job rights, including the right to advance notice of layoff and the right to severance pay or other compensation if laid off. Many of these same countries also encourage hours adjustment in lieu of layoffs by providing prorated unemployment compensation to workers on reduced hours. This paper compares the adjustment of manufacturing employment and hours in West Germany, France and Belgium, three countries with strong job security regulations and well-established short-time compensation systems, with that in the United States. Although the adjustment of employment to changes in output is much slower in the German, French and Belgian manufacturing sectors than in U.S. manufacturing, the adjustment of total hours worked is much more similar. The short-time system makes a significant contribution to observed adjustment in all three European countries. In addition, we find little evidence that the weakening of job security regulations that occurred in Germany, France and Belgium during the 1980s affected employers' adjustment to changes in output. These findings suggest that. given appropriate supporting institutions. strong job security need not inhibit employer adjustment to changing conditions. |
| Beschreibung: | 25, [37] S. graph. Darst. |
Internformat
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| 520 | |a Laws in most Western European countries give workers strong job rights, including the right to advance notice of layoff and the right to severance pay or other compensation if laid off. Many of these same countries also encourage hours adjustment in lieu of layoffs by providing prorated unemployment compensation to workers on reduced hours. This paper compares the adjustment of manufacturing employment and hours in West Germany, France and Belgium, three countries with strong job security regulations and well-established short-time compensation systems, with that in the United States. Although the adjustment of employment to changes in output is much slower in the German, French and Belgian manufacturing sectors than in U.S. manufacturing, the adjustment of total hours worked is much more similar. The short-time system makes a significant contribution to observed adjustment in all three European countries. In addition, we find little evidence that the weakening of job security regulations that occurred in Germany, France and Belgium during the 1980s affected employers' adjustment to changes in output. These findings suggest that. given appropriate supporting institutions. strong job security need not inhibit employer adjustment to changing conditions. | ||
| 650 | 4 | |a Recht | |
| 650 | 4 | |a Job security |x Law and legislation |z Belgium | |
| 650 | 4 | |a Job security |x Law and legislation |z France | |
| 650 | 4 | |a Job security |x Law and legislation |z Germany | |
| 650 | 4 | |a Labor market |x Effect of labor laws and legislation on | |
| 651 | 4 | |a Belgien | |
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| geographic | Belgien Deutschland Frankreich |
| geographic_facet | Belgien Deutschland Frankreich |
| id | DE-604.BV008270456 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T17:17:30Z |
| institution | BVB |
| language | English |
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| physical | 25, [37] S. graph. Darst. |
| publishDate | 1993 |
| publishDateSearch | 1993 |
| publishDateSort | 1993 |
| record_format | marc |
| series | NBER working paper series |
| series2 | NBER working paper series |
| spelling | Abraham, Katharine G. 1954- Verfasser (DE-588)128866802 aut Does employment protection inhibit labor market flexibility? lessons from Germany, France and Belgium Katherine G. Abraham ; Susan S. Housman Cambridge, MA 1993 25, [37] S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier NBER working paper series 4390 Laws in most Western European countries give workers strong job rights, including the right to advance notice of layoff and the right to severance pay or other compensation if laid off. Many of these same countries also encourage hours adjustment in lieu of layoffs by providing prorated unemployment compensation to workers on reduced hours. This paper compares the adjustment of manufacturing employment and hours in West Germany, France and Belgium, three countries with strong job security regulations and well-established short-time compensation systems, with that in the United States. Although the adjustment of employment to changes in output is much slower in the German, French and Belgian manufacturing sectors than in U.S. manufacturing, the adjustment of total hours worked is much more similar. The short-time system makes a significant contribution to observed adjustment in all three European countries. In addition, we find little evidence that the weakening of job security regulations that occurred in Germany, France and Belgium during the 1980s affected employers' adjustment to changes in output. These findings suggest that. given appropriate supporting institutions. strong job security need not inhibit employer adjustment to changing conditions. Recht Job security Law and legislation Belgium Job security Law and legislation France Job security Law and legislation Germany Labor market Effect of labor laws and legislation on Belgien Deutschland Frankreich Houseman, Susan N. 1956- Verfasser (DE-588)114518904 aut NBER working paper series 4390 (DE-604)BV002801238 4390 |
| spellingShingle | Abraham, Katharine G. 1954- Houseman, Susan N. 1956- Does employment protection inhibit labor market flexibility? lessons from Germany, France and Belgium NBER working paper series Recht Job security Law and legislation Belgium Job security Law and legislation France Job security Law and legislation Germany Labor market Effect of labor laws and legislation on |
| title | Does employment protection inhibit labor market flexibility? lessons from Germany, France and Belgium |
| title_auth | Does employment protection inhibit labor market flexibility? lessons from Germany, France and Belgium |
| title_exact_search | Does employment protection inhibit labor market flexibility? lessons from Germany, France and Belgium |
| title_full | Does employment protection inhibit labor market flexibility? lessons from Germany, France and Belgium Katherine G. Abraham ; Susan S. Housman |
| title_fullStr | Does employment protection inhibit labor market flexibility? lessons from Germany, France and Belgium Katherine G. Abraham ; Susan S. Housman |
| title_full_unstemmed | Does employment protection inhibit labor market flexibility? lessons from Germany, France and Belgium Katherine G. Abraham ; Susan S. Housman |
| title_short | Does employment protection inhibit labor market flexibility? |
| title_sort | does employment protection inhibit labor market flexibility lessons from germany france and belgium |
| title_sub | lessons from Germany, France and Belgium |
| topic | Recht Job security Law and legislation Belgium Job security Law and legislation France Job security Law and legislation Germany Labor market Effect of labor laws and legislation on |
| topic_facet | Recht Job security Law and legislation Belgium Job security Law and legislation France Job security Law and legislation Germany Labor market Effect of labor laws and legislation on Belgien Deutschland Frankreich |
| volume_link | (DE-604)BV002801238 |
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