Employment protection legislation: its economic impact and the case for reform

Author (Corporate)	European Commission: DG Economic and Financial Affairs
Series Title	European Economy: Economic Papers
Series Details	No.186, July 2003
Publication Date	July 2003
ISBN	92-894-5834-8
ISSN	1016-8060
EC	KC-AI-03-007-EN-C
Content Type	Journal \| Series \| Blog, Report
	Abstract: Despite the large volume of economic literature on employment protection legislation (EPL), there remain remarkable disagreements among economists and policy-makers on the subject. Many highlight the risks associated with stringent EPL, both for labour market performance and for productivity growth. Others think that worrying about EPL is largely a waste of time, since the impact is ambiguous according to economic theory and rarely of high significance in cross-country empirical studies. This paper reviews some of the recent theory and empirical evidence.
Source Link	Primary Source http://ec.europa.eu/economy_finance/publications/publication_summary892_en.htm
Related Links	http://ec.europa.eu/comm/economy_finance/publications/economic_papers/economicpapers186_en.htm http://ec.europa.eu/comm/economy_finance/publications/economic_papers/economicpapers186_en.htm
Subject Categories	Economic and Financial Affairs, Employment and Social Affairs
Countries / Regions	Europe