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THE CONSEQUENCES OF (DE)REGULATION ON EMPLOYMENT DURATION AND EFFICIENCY: AN EXPERIMENTAL STUDY.

If the future market wage is uncertain, engaging in long-term employment is risky, with the risk depending on how regulated the labor market is. In our experiment long-term employment can result either from offering long-term contracts or from repeatedly and mutually opting for rematching. Treatment...

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Published in:Economic Inquiry Vol. 51; no. 1; pp. 1050 - 1066
Main Authors: BERNINGHAUS, SIEGFRIED, BLEICH, SABRINA, GÜTH, WERNER
Format: Article
Published: Wiley-Blackwell Jan2013
Subjects:
Universität Karlsruhe
Employment policy
Labor market
Wages
Income
Economics
Government regulation & economics
Long-term employees
Labor contracts
Experiments
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