단행본NBER Working Paper 18841
Firm Size Distortions and the Productivity Distribution: Evidence from France
- 청구기호
- WP 18841
- 발행사항
- Cambridge : NBER, 2013
- 형태사항
- 59 p. :. PDF file ;. 782 KB
- 분류기호
- 듀이십진분류법->WP
소장정보
위치 | 등록번호 | 청구기호 / 출력 | 상태 | 반납예정일 |
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이용 가능 (1) | ||||
E0001822 | 대출가능 | - |
이용 가능 (1)
- 등록번호
- E0001822
- 상태/반납예정일
- 대출가능
- -
- 위치/청구기호(출력)
책 소개
We show how size-contingent laws can be used to identify the equilibrium and welfare effects of labor regulation. Our framework incorporates such regulations into the Lucas (1978) model and applies this to France where many labor laws start to bind on firms with exactly 50 or more employees. Using data on the population of firms between 2002 and 2007 period, we structurally estimate the key parameters of our model to construct counterfactual size, productivity and welfare distributions. With flexible wages, the deadweight loss of the regulation is below 1% of GDP, but when wages are downwardly rigid welfare losses exceed 5%. We also show, regardless of wage flexibility, that the main losers from the regulation are workers (and to a lesser extent large firms) and the main winners are small firms.