CEU eTD Collection (2019); Szolnoki, Péter Dániel: Employment and Productivity Implications of Changes in the Slovak Employment Protection Legislation

CEU Electronic Theses and Dissertations, 2019
Author Szolnoki, Péter Dániel
Title Employment and Productivity Implications of Changes in the Slovak Employment Protection Legislation
Summary The purpose of this thesis is to assess the effects of the Slovak labor code amendments on firm-level productivity and employment. Before 2007 and after 2011, firing costs were lower as employers could choose between paying severance payment or notice period wage in case of dismissal. These legislative changes are studied to evaluate their employment and productivity implications by using a panel of firms and a difference-in-differences methodology with fixed effects. The thesis takes advantage of the heterogeneity in the factors of production in different industries in a way that more labor-intensive and more volatile industries are expected to be affected to a larger extent. The results suggest that employment turnover decreased after the more stringent dismissal conditions were introduced in 2007; however labor productivity and total factor productivity (TFP) increased, although only for manufacturing firms.
Supervisor Álmos, Telegdy
Department Economics MA
Full texthttps://www.etd.ceu.edu/2019/szolnoki_peter.pdf

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