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Optimal severance payment: theory and practice

Publikace na Fakulta sociálních věd, Matematicko-fyzikální fakulta, Centrum pro ekonomický výzkum a doktorské studium |
2005

Tento text není v aktuálním jazyce dostupný. Zobrazuje se verze "en".Abstrakt

I present a model in which the employment contract includes severance payment as an instrument for achieving optimal separation between the firm and the worker. I conduct a policy experiment in which the existing unemployment benefits are financed by a separation tax.

Under this policy, the actual severance payments need to change only marginally in order to achieve socially optimal separation