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Full-Text Articles in Social and Behavioral Sciences
Does Employment Protection Inhibit Labor Market Flexibility?: Lessons From Germany, France And Belgium, Katharine G. Abraham, Susan N. Houseman
Does Employment Protection Inhibit Labor Market Flexibility?: Lessons From Germany, France And Belgium, Katharine G. Abraham, Susan N. Houseman
Upjohn Institute Working Papers
Laws in most West European countries give workers strong job rights, including the right to advance notice of layoff and the right to severance pay or other compensation if laid off. Many of these same countries also encourage hours adjustment in lieu of layoffs by providing prorated unemployment compensation to workers on reduced hours. This paper compares the adjustment of manufacturing employment and hours in West Germany, France and Belgium, three countries with strong job security regulations and well-established short-time compensation systems, with that in the United States. Although the adjustment of employment to changes in output is much slower …
The Costs Of Worker Dislocation, Louis S. Jacobson, Robert J. Lalonde, Daniel G. Sullivan
The Costs Of Worker Dislocation, Louis S. Jacobson, Robert J. Lalonde, Daniel G. Sullivan
Upjohn Press
The authors use findings from this study, in conjunction with their comprehensive interpretation of existing worker dislocation literature, to develop policy recommendations concerning prevailing and potential assistance programs. They conclude by proposing that any new policies designed to compensate dislocated workers should target those suffering the greatest losses while providing incentives to take new jobs - even if lower paying - as soon as possible. Programs which allow dislocated workers to receive compensation after regaining employment (modified earnings subsidies) are promoted as practical and financially feasible.
Pension Policy For A Mobile Labor Force, John A. Turner, Tabitha A. Doescher, Phyllis A. Fernandez
Pension Policy For A Mobile Labor Force, John A. Turner, Tabitha A. Doescher, Phyllis A. Fernandez
Upjohn Press
Employers often create a conflict between job mobility and retirement security when they deny future pension benefits to workers who quit a job before reaching retirement age. Unfortunately, this deterrent to job-changing inhibits the labor market's ability to adjust. It also means workers may be unprepared financially upon retirement. Turner describes why pension losses are such a significant problem and presents empirical evidence as to the number of workers affected and the amount of losses they incur. He also probes pension portability policy options and looks at portability options in effect in Canada, Japan, the Netherlands, and the United Kingdom.
Profit Sharing: Does It Make A Difference?: The Productivity And Stability Effects Of Employee Profit-Sharing Plans, Douglas Kruse
Profit Sharing: Does It Make A Difference?: The Productivity And Stability Effects Of Employee Profit-Sharing Plans, Douglas Kruse
Upjohn Press
Kruse details the reasons profit sharing plans are implemented and the systemic factors within firms, particularly in relation to unions, that influence whether or not they are successful. Presented is evidence based on a unique database developed from 500 public U.S. firms - matched to firm performance over the period of 1979-1991 - on the two central theories related to profit sharing: 1) The Productivity Theory, and 2) the Stability Theory