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The Price of Security: On the Causality and Impact of Lay-off Risks on Wages

What is the price of Job security and how can it be measured? Economic Theory show that higher risks of separation should go along with higher wages. The empirical evidence in the literature is mixed. We like to contribute to this literature by investig ating risk premiums in Germany for severa...

Awarded: NOK 25,000

Project Period: 2011-2011

Location: Ukjent Fylke