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 |
| Divisions: | Centre for Economic Performance |
| Subjects: | H Social Sciences > HD Industries. Land use. Labor |
| Date Deposited: | 04 Jun 2010 14:16 |
| Last Modified: | 15 Sep 2023 12:27 |
| URI: | http://eprints.lse.ac.uk/id/eprint/7180 |
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