Cookies?
Library Header Image
LSE Research Online LSE Library Services

How important is firm behaviour to understand employment?: evidence from Spain

Galdón-Sánchez, José E. (1999) How important is firm behaviour to understand employment?: evidence from Spain. Investigaciones Económicas, 23 (2). pp. 203-224. ISSN 0210-1521

Full text not available from this repository.

Abstract

Traditional macroeconomic analyses of the Spanish labor market have not beeen successful in accounting for Spain's high unemployment rates. In this paper, we take a micriecono,ic perspective,studying the entry and exit behaviorof Spanish firms and hence,their behavior concering job creation and job destruction. We calibrate a model economy with entry and exit to Spanish data and we find that the reduction of the dismissal tax from the equivalent of one year of wages to zero increase employment by 8.13 per cent, and productivity by 2.28 per cent.

Item Type: Article
Official URL: http://www.funep.es/invecon/en/eAims_Scope.asp
Additional Information: © 1999 Fundación SEPI
Library of Congress subject classification: H Social Sciences > HD Industries. Land use. Labor
Sets: Research centres and groups > Centre for Economic Performance (CEP)
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 04 Jun 2010 14:16
URL: http://eprints.lse.ac.uk/7180/

Actions (login required)

Record administration - authorised staff only Record administration - authorised staff only