Employment Protection, Firms’Financed Training and a Theoretical Analysis

Ricci AndreaWaldmann Robert J.
CEIS Working Papers
This paper shows that the distortion induced by hold up in the private provision of training can justify the introduction of positive amount of firing tax in economies populated by risk neutral or perfectly insured agents. More precisely we highlight two
Number: 230
Date: Wednesday 01 March 2006
Revision Date: Wednesday 01 March 2006