Breach Penalties in Labour Contracts: Advance Notice and Severance Pay

Cristina Pita

LABOUR, 1997, vol. 11, issue 3, 469-495

Abstract: This paper analyses the determining factors of advance notice and severance pay provisions that appear in collective bargaining agreements. The theoretical model constructed is a simple bargaining model in which advance notice and severance pay play the role of breach penalties that the firm must pay for breaking the employment relationship. The hypotheses are tested on data gathered from collective bargaining agreements from different industries that were signed between 1970 and 1989.

Date: 1997
References: Add references at CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
https://doi.org/10.1111/1467-9914.00046

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:labour:v:11:y:1997:i:3:p:469-495

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=1121-7081

Access Statistics for this article

LABOUR is currently edited by Franco Peracchi

More articles in LABOUR from CEIS Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().