摘要:We study a search model with employment protection legislation. We show that if
the output from the match is uncertain ex ante, there may exist a discriminatory
equilibrium where workers with the same productive characteristics are subject to
different hiring standards. If a bad match takes place, discriminated workers will
use longer time to find another job, prolonging the costly period for the firm. This
makes it less profitable for the firms to hire the discriminated workers, thus sustaining
discrimination. In contrast to standard models, the existence of employers
with a taste for discrimination may make it more profitable to discriminate also
for firms without discriminatory preferences.