Trust and employment protection legislation

被引：1
作者：
Jayakody, Shashitha [1 ]
Morelli, David [2 ]
Nica, Melania [3 ]
Oberoi, Jaideep [4 ]
机构：
[1] Univ Bradford, Sch Management, Bradford, England
[2] Univ Kent, Kent Business Sch, Canterbury, England
[3] Queen Mary Univ London, Sch Math Sci, London, England
[4] SOAS Univ London, Sch Finance & Management, London, England
来源：
ECONOMICS LETTERS | 2024年 / 234卷
关键词：
Trust; Informal institutions; Labor laws; Investment; FIRM-LEVEL PANEL; POLITICAL-ECONOMY; INVESTMENT;
D O I：
10.1016/j.econlet.2023.111441
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We examine the role of generalized social trust in substituting for employment protection legislation. Using foreign direct investment from the US to a sample of OECD countries, we find that trust diminishes the importance of formal employment regulations in investment attractiveness.
引用
收藏
页数：3
相关论文
共 22 条
  • [1] Optimal investment with costly reversibility
    Abel, AB
    Eberly, JC
    [J]. REVIEW OF ECONOMIC STUDIES, 1996, 63 (04) : 581 - 593
  • [2] REGULATION AND DISTRUST
    Aghion, Philippe
    Algan, Yann
    Cahuc, Pierre
    Shleifer, Andrei
    [J]. QUARTERLY JOURNAL OF ECONOMICS, 2010, 125 (03) : 1015 - 1049
  • [3] The employment consequences of wrongful-discharge laws: Large, small, or none at all?
    Autor, DH
    Donohue, JJ
    Schwab, SJ
    [J]. AMERICAN ECONOMIC REVIEW, 2004, 94 (02) : 440 - 446
  • [4] Employment Protection, Investment, and Firm Growth
    Bai, John
    Fairhurst, Douglas
    Serfling, Matthew
    [J]. REVIEW OF FINANCIAL STUDIES, 2020, 33 (02) : 644 - 688
  • [5] Welfare-improving employment protection
    Belot, Michele
    Boone, Jan
    van Ours, Jan
    [J]. ECONOMICA, 2007, 74 (295) : 381 - 396
  • [6] CROSS-SECTIONAL EFFICIENCY AND LABOR HOARDING IN A MATCHING MODEL OF UNEMPLOYMENT
    BERTOLA, G
    CABALLERO, RJ
    [J]. REVIEW OF ECONOMIC STUDIES, 1994, 61 (03) : 435 - 456
  • [7] Bhardwaj A., 2007, MANAGE INT REV, V47, P29, DOI [DOI 10.1007/S11575-007-0003-7, 10.1007/s11575-007-0003-7]
  • [8] The regulation of labor
    Botero, JC
    Djankov, S
    La Porta, R
    Lopez-de-Silanes, F
    Shleifer, A
    [J]. QUARTERLY JOURNAL OF ECONOMICS, 2004, 119 (04) : 1339 - 1382
  • [9] The macroeconomics of specificity
    Caballero, RJ
    Hammour, ML
    [J]. JOURNAL OF POLITICAL ECONOMY, 1998, 106 (04) : 724 - 767
  • [10] Cingano F, 2010, ECON POLICY, P117
123