The Unassuming Economist

From a paper by Marta Sordyl:

“The findings confirm that labour demand is the dominant channel of EPL influence,
but productivity, labour supply, and efficiency effects are also important in determining
macroeconomic and social outcomes. EPL influences economic performance not only by
regulating job security but also by shaping incentives for innovation, organizational change,
and resources use. By integrating these wider mechanisms, the study provides a more comprehensive
understanding of EPL’s role in the economy. It contributes to policy debates by
highlighting that EPL should be assessed not solely in terms of labour market flexibility, but
also with regard to its broader implications for efficiency, equity, and welfare.”