Jump to ContentJump to Main Navigation
The Political Economy of Labour Market Institutions$
Users without a subscription are not able to see the full content.

Gilles Saint-Paul

Print publication date: 2000

Print ISBN-13: 9780198293323

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0198293321.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 30 October 2020

Employment Protection

Employment Protection

(p.101) 4 Employment Protection
The Political Economy of Labour Market Institutions

Gilles Saint‐Paul

Oxford University Press

This chapter studies the political support for employment protection. It is shown to be stronger, the larger the employed's rents. Another result is that if employment protection is the sole instrument, and is a continuous variable, its welfare‐maximizing level is strictly positive. However, that level is lower than the one that the employed want to choose. Also, a more intense process of obsolescence reduces the support for employment protection.

Keywords:   discretionary employment protection, employment protection, productivity shocks, self‐sustaining social optima, tenure, wage‐exposure trade‐off

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .