Citation
Discussion Paper Details
Please find the details for DP1347 in an easy to copy and paste format below:
Full Details | Bibliographic Reference
Full Details
Title: Firing Costs, Unions and Employment
Author(s): Alison L Booth
Publication Date: March 1996
Keyword(s): Employment, Financial Performance, Firing Costs, Redundancy Pay and Unions
Programme Area(s): Human Resources
Abstract: This paper develops a simple model of employment, non-statutory redundancy pay and wage determination. An interesting feature of this model is that the contract curve is vertical. Some of the predictions of the model are confronted with the available British data on non-statutory firing costs, from the 1990 Workplace Industrial Relations Survey. The estimates indicate: first, that bargaining over redundancy pay is more prevalent in plants with a strong union presence; second, that bargaining over redundancy pay has no impact on recent employment variation for plants in the sample; and third, that financial performance is unaffected by manual bargaining, but is positively associated with non-manual bargaining.
For full details and related downloads, please visit: https://cepr.org/active/publications/discussion_papers/dp.php?dpno=1347
Bibliographic Reference
Booth, A. 1996. 'Firing Costs, Unions and Employment'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=1347