Job Security Legislation and Job Duration: Evidence from the United Kingdom

• 成果类型: Article
• 署名作者: Marinescu, Ioana
• 署名单位: University of Chicago
• 刊物名称: JOURNAL OF LABOR ECONOMICS
• ISSN/ISSBN: 0734-306X
• DOI: 10.1086/603643
• 发表日期: 2009
• 页码: 465-486
• 关键词: worker; PROTECTION; EMPLOYMENT; turnover; COSTS; FLOWS

摘要

Even in countries with high average job security, workers with low tenure typically enjoy very limited job protection. This study analyzes the impact of such a feature on job duration. It uses a 1999 British reform that increased job security for workers with 1-2 years of tenure. The firing hazard for these workers decreased by 26% relative to the hazard for workers with 2-4 years of tenure. The firing hazard for workers with 0-1 year of tenure also decreased by 19%, which is consistent with better recruitment practices and hence improved match quality.