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  1. Employment protection, job insecurity, and job mobility
    Published: December 2023
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    This study leverages the Italian Jobs Act reform as a natural experiment to examine the impact of reduced employment protection on job insecurity and job mobility. The reform significantly lowered protection for open-ended contract workers in large... more

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    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 4
    No inter-library loan

     

    This study leverages the Italian Jobs Act reform as a natural experiment to examine the impact of reduced employment protection on job insecurity and job mobility. The reform significantly lowered protection for open-ended contract workers in large firms hired after March 7, 2015, and introduced a sharp discontinuity in severance pay at 2-year tenure. Treated employees exhibit increased fear of job loss and higher termination rates. The higher job insecurity prompts workers in low-pay sectors and in low-quality firms to actively pursue job mobility, transitioning towards higher-paying positions. Conversely, workers in high-paying sectors respond by intensifying their efforts to secure their existing jobs. Crucially, all effects disappear for workers above the 2-year tenure threshold, when they become entitled to a 50% higher severance pay. These findings emphasize a complex trade-off behind the design of employment protection systems, as addressing early-stage insecurity with tailored social insurance may counteract upward mobility effects.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/282774
    Series: Discussion paper series / IZA ; no. 16647
    Subjects: employment protection; job insecurity; job mobility; on-the-job search
    Scope: 1 Online-Ressource (circa 63 Seiten), Illustrationen
  2. Late-in-life investments in human capital
    evidence from the (unintended) effects of a pension reform
    Published: March 2022
    Publisher:  [CeRP, Center for Research on Pensions and Welfare Policies], [Torino]

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    Verlag (kostenfrei)
    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 672
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Edition: This draft: March 23, 2022
    Series: Working paper / CeRP ; 207 (22)
    Subjects: human capital; pension reform; longer working horizon; middle-agedworkers
    Scope: 1 Online-Ressource (circa 45 Seiten), Illustrationen