Firing Costs and Flexibility : Evidence from Firms' Employment Responses to Shocks in India
A key prediction of dynamic labor demand models is that firing restrictions attenuate firms' employment responses to economic fluctuations. We provide the first direct test of this prediction using data from India. We exploit the fact that rainfall fluctuations, through their effects on agricul...
| Main Authors: | , , |
|---|---|
| Format: | Journal Article |
| Language: | en_US |
| Published: |
MIT Press
2014
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/10986/16605 |