The Impact of Extending Employment Protection to Agency Workers on Firms
研究一项将就业保护扩展到临时派遣工人的改革，发现受监管影响更大的工厂收入和总就业下降，但替代弹性高的行业就业下降较少，同时劳动力错配加剧。
We study the impact of a reform that extended employment protection to temporary agency workers. Using a difference-in-difference research design, we show that plants more exposed to the regulation experienced a decrease in revenues and total employment, and that the latter effect was attenuated in industries with high elasticity of substitution between agency and nonagency workers. We also find that labor misallocation increased as a consequence of the regulation. A model of labor demand in the presence of agency work rationalizes these results.