Employment Protection and Productivity

Eva Uddén Sonnegård ()
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Eva Uddén Sonnegård: The Ratio Institute, Postal: The Ratio Institute, P.O. Box 5095, SE-102 42 Stockholm, Sweden, http://www.ratio.se

No 356, Ratio Working Papers from The Ratio Institute

Abstract: The design of Eployment Protection Legislation (EPL) is a key factor in determining the functioning and flexibility of the labour market. In the wake of the pandemic and the rapid transformation of economies due to i.e., digitalisation, it will be more important than ever to remove impediments on labour and product markets. Multifactor productivity growth (such as work organisation, technical achievements etc.) has slowed down markedly in many countries after the financial crisis. International studies show that the design of EPL is important for productivity growth.

Keywords: Employment protection; fixed-term employment; open-ended contracts; collective agreements; collective agreements; digitalisation; multifactor productivity; labour productivity; digital-productivity paradox; automation; robotisation (search for similar items in EconPapers)
JEL-codes: J59 K31 O43 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2022-05-05, Revised 2022-09-05
New Economics Papers: this item is included in nep-eff
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