Le risque judiciaire et les licenciements en France: le point de vue de léconomie du risque Report as inadecuate




Le risque judiciaire et les licenciements en France: le point de vue de léconomie du risque - Download this document for free, or read online. Document in PDF available to download.

Abstract

Does dismissal law create a -judicial risk- to which french firms are exposed? The paper discusses the different arguments Blanchard and Tirole 2003, Cahuc and Kramarz 2004, Munoz-Perez and Serverin 2005 using the empirical available evidence together with basic tools in economics of uncertainty. We show that data on jugement appeals in front of Prud-Hommes suggest that employees exhibit a less risk averse attitude and to the limit, they behave in fact in a risk seeking way than usually observed on markets for risk such as financial or insurance markets. On the other hand, we show that the motive called in french dismissal law -personal motive- is not perceived as better than the -economic motive- soon as firms are supposed to behave in a risk averse way. Conversally, when we compare the expected cost of a dismissal associated to each motive, we find that the result of the comparison is very sensible to the employee- seniority, to the rejection rate of employees- demand in front of the Prud-Hommes, and-or to the indirect cost of the dismissal.



Item Type: MPRA Paper -

Original Title: Le -risque judiciaire- et les licenciements en France: le point de vue de l-économie du risque-

English Title: The -judicial risk- and lay-offs in France from the point of view of the economics of uncertainty-

Language: French-

Keywords: dismissal law, Prud-Hommes, judicial risk-

Subjects: J - Labor and Demographic Economics > J6 - Mobility, Unemployment, Vacancies, and Immigrant Workers > J63 - Turnover ; Vacancies ; LayoffsJ - Labor and Demographic Economics > J6 - Mobility, Unemployment, Vacancies, and Immigrant Workers > J65 - Unemployment Insurance ; Severance Pay ; Plant ClosingsK - Law and Economics > K3 - Other Substantive Areas of Law > K31 - Labor LawJ - Labor and Demographic Economics > J3 - Wages, Compensation, and Labor Costs > J30 - General-





Author: Langlais, Eric

Source: https://mpra.ub.uni-muenchen.de/8845/







Related documents