Tenure-Dependent Severance Costs and Labor Market Dynamics over the Life Cycle
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下载链接：
https://www.nber.org/papers/w34704
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资源简介：
We study the labor market effects of tenure-dependent severance pay systems that tie firing costs to workers accumulated earnings histories. We develop an overlapping-generations search-and-matching model in which firms face increasing separation costs over the employment relationship. Using
提供机构：
美国国家经济研究局
创建时间：
2026-01-01
