NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Job Security Does Affect Economic Efficiency: Theory, A New Statistic, and Evidence from Chile

Amil Petrin, Jagadeesh Sivadasan

NBER Working Paper No. 12757
Issued in December 2006

---- Acknowledgements -----

We have benefitted from discussions with Susanto Basu, Alejandra Cox-Edwards, James Heckman, Gunter Hitsch, Wendy Petropoulos, and seminar participants at the University of Chicago, Montana State University, Yale University, and the University of Minnesota. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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