Trust and employment protection legislation
Main author: | Jayakody, Shashitha |
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Other authors: | Morelli, DavidNica, MelaniaOberoi, Jaideep Singh |
Format: | Journal Article |
Online access: |
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Summary: | 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. |
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