Back Matter
  • 1 https://isni.org/isni/0000000404811396, International Monetary Fund

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1

The authors participants to various seminars and conferences at Banca d’Italia, Banco de Espana, Banco de Portugal, Bank of England, Bank of Korea, Banque de France, European Central Bank, European Commission, ILO, IMF and OECD, as well as staff from Banca d’Italia, Banco de Espana and National Bank of Belgium, for valuable comments.

2

The 26 countries covered are: Australia, Austria, Belgium, Canada, Czech Republic, Denmark, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Japan, Korea, Luxembourg, Netherlands, New Zealand, Norway, Portugal, Slovak Republic, Spain, Sweden, Switzerland, United Kingdom and United States.

3

Alle else equal, high-lay-off rate industries also have shorter average job tenure which, insofar as regular EPL typically gets more stringent with seniority, might imply that de facto EPL be comparatively less stringent in these industries. If anything, this might bias our results regarding the employment effects of EPL reform (in a conservative direction) toward not finding any significant results.

4

Event dates for these reforms are taken from Duval et al. (forthcoming).

5
The first-stage estimation are results are the following:
Ri,t=0.01Agei,t(3.54)+0.002Monthsi,t(2.58)0.036Partiesi,t(3.80)

with t-statics in parenthesis. The joint F-test is 10.31.

6

In the second step, we bootstrap the standard errors to account for the fact that our left-hand-side variable is estimated.

Job Protection Deregulation in Good and Bad Times
Author: Mr. Romain A Duval, Davide Furceri, and João Tovar Jalles