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Employment and Wage Insurance within Firms - Worldwide Evidence

Andrew Ellul, Marco Pagano () and Fabiano Schivardi ()
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Andrew Ellul: Kelley School of Business, Indiana University, CSEF and ECGI

No 1402, EIEF Working Papers Series from Einaudi Institute for Economics and Finance (EIEF)

Abstract: Using a firm-level international panel dataset, we study if unemployment insurance offered by the government and by firms are substitutes. We exploit cross-country and time-series variation in public unemployment insurance as a shifter of workers’ demand for insurance within firms, and family vs. non-family ownership as a shifter of firms’ supply of insurance. Our evidence supports the substitutability hypothesis: employment stability in family firms is greater, and the wage discount larger, in countries and periods with less generous public unemployment insurance, while no such substitutability emerges for non-family firms.

New Economics Papers: this item is included in nep-bec, nep-ias, nep-lab, nep-lma and nep-ltv
Date: 2014, Revised 2017-09
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http://www.eief.it/files/2017/09/wp-02-employment- ... rldwide-evidence.pdf (application/pdf)

Related works:
Journal Article: Employment and Wage Insurance within Firms: Worldwide Evidence (2018) Downloads
Working Paper: Employment and Wage Insurance within Firms: Worldwide Evidence (2017) Downloads
Working Paper: Employment and Wage Insurance within Firms: Worldwide Evidence (2015) Downloads
Working Paper: Employment and Wage Insurance within Firms: Worldwide Evidence (2015) Downloads
Working Paper: Employment and wage insurance within firms: Worldwide evidence (2015) Downloads
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