Temporary contracts are bad for your cognitive health: Evidence from PIAAC

Antonio Cabrales, Juan Dolado, Ricardo Mora 05 December 2014

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Starting with the seminal work by Saint-Paul (1996), there has been a large literature documenting the negative consequences of dual labour markets in several EU countries.1 Among them, Spain is often cited as the most extreme example, since its labour market is characterised by a large gap between the firing costs of workers with permanent and temporary contracts, and by lax regulation of the use of temporary contracts.

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Topics:  Labour markets

Tags:  dual labour markets, labour market regulation, temporary contracts, health, cognitive health, cognitive skills, on-the-job training, training, human capital, firing costs, employment protection, Employment Protection Legislation

Monetary policy and firing costs

Ester Faia, Wolfgang Lechthaler, Christian Merkl 09 February 2013

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Recession has put many Eurozone labour markets under stress, particularly those in Mediterranean countries that have inflexible markets. As part of ongoing reforms, many have tackled the labour market – under the explicit encouragement of the EU and the ECB.

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Topics:  Labour markets Monetary policy

Tags:  Eurozone crisis, firing costs

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