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Do Labor Market Rigidities Have Microeconomic Effects? Evidence from Within the Firm

dc.contributor.authorLafontaine, Francine
dc.contributor.authorSivadasan, Jagadeesh
dc.date.accessioned2011-04-04T15:00:58Z
dc.date.accessioned2011-04-04T15:00:58Z
dc.date.available2011-04-04T15:00:58Zen_US
dc.date.issued2009
dc.identifier.citationLafontaine, Francine, and Jagadeesh Sivadasan. 2009. "Do Labor Market Rigidities Have Microeconomic Effects? Evidence from within the Firm." American Economic Journal: Applied Economics, 1(2): 88–127. <http://hdl.handle.net/2027.42/83422>en_US
dc.identifier.urihttps://hdl.handle.net/2027.42/83422
dc.descriptionAn early version of this paper, titled "The Microeconomic Implications of Input Market Regulations: Cross-Country Evidence from Within the Firm" was published in February, 2007 as part of the IPC Working Paper Series (Number 22).en_US
dc.description.abstractWe exploit a unique outlet-level dataset from a multinational chain with over 2,500 outlets in 43 countries to investigate the effects of labor regulations that protect employment. The dataset contains information on output, materials, and labor costs at a weekly frequency over several years, allowing us to examine the consequences of labor market rigidity at a much more detailed level than has been possible to date. We find that higher labor market rigidity is associated with significantly higher levels of hysteresis. We also find some evidence that labor costs are less responsive to sales revenue in more highly regulated markets. (JEL: E24, J08, J23, K31, M51)en_US
dc.language.isoen_USen_US
dc.publisherAmerican Economic Associationen_US
dc.titleDo Labor Market Rigidities Have Microeconomic Effects? Evidence from Within the Firmen_US
dc.typeArticleen_US
dc.subject.hlbsecondlevelEconomicsen_US
dc.subject.hlbtoplevelBusinessen_US
dc.description.peerreviewedPeer Revieweden_US
dc.contributor.affiliationumRoss School of Businessen_US
dc.contributor.affiliationumcampusAnn Arboren_US
dc.identifier.pmid19634284en_US
dc.description.bitstreamurlhttp://deepblue.lib.umich.edu/bitstream/2027.42/83422/1/Microeconomic_Implications_of_Input_Market_Regulations.pdf
dc.identifier.doi10.1257/app.1.2.88
dc.identifier.sourceAmerican Economic Journal: Applied Economicsen_US
dc.owningcollnameBusiness, Stephen M. Ross School of


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