TY  - RPRT
        AU  - Heywood, John S.
AU  - O'Mahony, Mary
AU  - Siebert, W. Stanley
AU  - Rincon-Aznar, Ana
        TI  - The Impact of Employment Protection on the Industrial Wage Structure
        PY  - 2018/Aug/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 11788
        UR  - https://www.iza.org/index.php/publications/dp11788
        AB  - This paper tests whether the job security offered by stricter employment protection legislation (EPL) undermines positive compensating wage differentials that would otherwise be paid. Specifically, we ask whether industries with relatively more need for layoffs and labour flexibility have lower wages in countries where stricter EPL protects workers from layoffs. We find this generally to be true for a large sample of industries in the major OECD countries over 1984-2005, particularly for wages of unskilled workers. However, we also find that where workers are well organised, they can take advantage of EPL to secure higher wages.
        KW  - labour organisation
KW  - layoffs
KW  - employment protection legislation
KW  - labour regulation
KW  - compensating wage differentials
KW  - education and inequality
        ER  -