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Keywords: O43
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Journal Articles
Journal of Law, Finance and Accounting (2020) 5 (2): 179–229.
Published: 08 September 2020
... O43 O16 J08 J83 G28 G33 G34 We propose a simple illustrative model to explain a mechanism showing why a state guarantee on basic employment protection may improve economy-wide welfare. The mechanism is that basic, but not rigid, protection of workers can eliminate a time inconsistency...
