000			02455cam a22003257 4500
001			w4825
003			NBER
005			20211020114343.0
006			m o d
007			cr cnu||||||||
008			210910s1994 mau fo 000 0 eng d
100	1		_aHunt, Jennifer. _913211
245	1	0	_aFiring Costs, Employment Fluctuations and Average Employment: _bAn Examination of Germany / _cJennifer Hunt.
260			_aCambridge, Mass. _bNational Bureau of Economic Research _c1994.
300			_a1 online resource: _billustrations (black and white);
490	1		_aNBER working paper series _vno. w4825
500			_aAugust 1994.
520	3		_aWest Germany's Employment Promotion Act of 1985 facilitated the use of fixed term contracts and increased the number of dismissals above which the employer is required to establish a 'social plan' (involving severance payments). The effect of this reduction in 'firing costs' on movements in employment is assessed using manufacturing data by detailed industry for the period 1977-1992: a dynamic specification using the data as a panel, and allowing coefficients to vary by industry (random coefficients) is employed. Compared to the 1977-1981 period, adjustment of blue collar hours was more flexible from 1982-1988, and less flexible in the subsequent period. There is weaker evidence that adjustment of blue collar workers became less flexible in the years following the new legislation and that white collar workers' flexibility fluctuated over the period examined. The timing and direction of these changes, as well as the direction of relative changes in flexibility between industries with high and low sales variability, suggest they are not the result of the Employment Promotion Act.
530			_aHardcopy version available to institutional subscribers
538			_aSystem requirements: Adobe [Acrobat] Reader required for PDF files.
538			_aMode of access: World Wide Web.
588	0		_aPrint version record
690		7	_aJ21 - Labor Force and Employment, Size, and Structure _2Journal of Economic Literature class.
690		7	_aJ23 - Labor Demand _2Journal of Economic Literature class.
710	2		_aNational Bureau of Economic Research.
830		0	_aWorking Paper Series (National Bureau of Economic Research) _vno. w4825.
856	4	0	_uhttps://www.nber.org/papers/w4825
856			_yAcceso en línea al DOI _uhttp://dx.doi.org/10.3386/w4825
942			_2ddc _cW-PAPER
999			_c343567 _d302129