Members & Research Doctoral Students Afroza Alam ; Doctoral thesis project: tba Annika Backes ; Doctoral thesis project: tba Tommaso B ...
IWH-Insolvenzforschung Die IWH-Insolvenzforschungsstelle bündelt die...
Employment Protection and Firm-level Job Reallocation: Adjusting for Coverage
IWH-CompNet Discussion Papers,
This paper finds that employment protection legislation (EPL) had a significant impact on employment adjustment in Europe over 2001-2013, once we account for firm-size related exemptions to EPL. We construct a novel coverage-adjusted EPL indicator and find that EPL hinders employment growth at the firm level and increases the share of firms that remain in the same size class. This suggests that stricter EPL restrains job creation because firms fear the costs of shedding jobs during downturns. We do not find evidence that EPL has positive effects on employment by limiting job losses after adverse shocks. In addition to standard controls for the share of credit-constrained firms and the position in the business cycle, we also control for sizerelated corporate tax exemptions and find that these also significantly constrain job creation among incumbent firms.
student assistant (f/m/x) with 10–20 hours/week (Macroeconomics)
Student assistant (w/m/x) The Halle Institute for Economic Research (IWH) – Member...
Stabile Finanzmärkte Was uns die Forschung lehrt Dossier ...
The Regional Effects of a Place-based Policy – Causal Evidence from Germany
Regional Science and Urban Economics,
The German government provides discretionary investment grants to structurally weak regions in order to reduce regional inequality. We use a regression discontinuity design that exploits an exogenous discrete jump in the probability of regional actors to receive investment grants to identify the causal effects of the policy. We find positive effects of the programme on district-level gross value-added and productivity growth, but no effects on employment and gross wage growth.
DPE Faculty A B C D E F G H I J...
The Halle Spirit We provide independent research on economic topics that really matter and aim to enrich society with facts and evidence-based insights that facilitate...
PhD Graduates Financial Markets
PhD Graduates of the Department of Financial Markets Chris Becker: "Essays in...
Evidenzbasierte Politikberatung (IWH-CEP)
Zentrum für evidenzbasierte Politikberatung (IWH-CEP) ...