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Dual Labour Markets Revisited

Samuel Bentolila (), Juan Dolado and Juan F Jimeno ()

No 7479, CESifo Working Paper Series from CESifo Group Munich

Abstract: This paper provides an overview of recent research on dual labour markets. Theoretical and empirical contributions on the labour-market effects of dual employment protection legislation are revisited, as well as factors behind its resilience and policies geared towards correcting its negative consequences. The topics covered include the stepping-stone or dead-end nature of temporary contracts, their effects on employment, unemployment, churn, training, productivity growth, wages, and labour market inflows and outflows. The paper reviews both theoretical advances and relevant policy discussions, in particular in several countries that had very poor employment performance during the recent global economic and financial crisis.

Keywords: dual labour markets; employment protection; temporary contracts; job creation; job destruction; churn (search for similar items in EconPapers)
JEL-codes: J23 J32 J63 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cta, nep-iue, nep-lab and nep-ltv
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
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Working Paper: Dual Labour Markets Revisited (2019) Downloads
Working Paper: Dual Labour Markets Revisited (2019) Downloads
Working Paper: Dual Labour Markets Revisited (2019) Downloads
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