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Job Security Does Affect Economic Efficiency: Theory, A New Statistic, and Evidence from Chile

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NBER2006-12-01 更新2025-01-04 收录
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The extensive empirical macro- and micro-level evidence on the impact of job security provisions is largely inconclusive. We argue that the weak evidence is a consequence of the weak power of statistics used, which is suggested by a dynamic theory of plant-level labor demand that we develop. This

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2006-12-01
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