TY  - JOUR
AB  - Purpose– The purpose of this paper is to estimate the impact of fixed-term contracts (FTCs) on labour productivity, wages (i.e. labour cost), and productivity-wage gaps (i.e. profits). Design/methodology/approach– The authors apply dynamic panel data techniques to detailed Belgian linked employer-employee panel data covering the period 1999-2006. Findings– Results indicate that FTCs exert stronger positive effects on productivity than on wages and (accordingly) that the use of FTCs increases firms’ profitability. Originality/value– This paper is one of the first to examine the FTC-productivity-wage nexus while addressing three important methodological issues related to the state dependency of the three explained variables, to firm time-invariant heterogeneity, and to the endogeneity of FTCs.
VL  - 37
IS  - 2
SN  - 0143-7720
DO  - 10.1108/IJM-12-2014-0263
UR  - https://doi.org/10.1108/IJM-12-2014-0263
AU  - Garnero Andrea
AU  - Giuliano Romina
AU  - Mahy Benoit
AU  - Rycx François
ED  - Jozef Konings, François Rycx and Vincent Vandenberghe
PY  - 2016
Y1  - 2016/01/01
TI  - Productivity, wages and profits among Belgian firms: do fixed-term contracts matter?
T2  - International Journal of Manpower
PB  - Emerald Group Publishing Limited
SP  - 303
EP  - 322
Y2  - 2024/04/18
ER  -