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Discover LudwigExact(23)
German labor laws normally make it costly and time-consuming to let permanent employees go.
Like Spain, Germany has labour laws that make it costly to shed tenured workers.
And yet the very things that make the board uncomfortable could make it costly to leave behind.
Small numbers bargaining and asset specificity make it costly for parties who enter into economic relationships to leave them.
The proposal would replace a cumbersome patchwork of rules and fees that make it costly for universities to offer online courses to students in different states.
High minimum wages make it costly to hire inexperienced workers and help explain why youth unemployment in France is higher than the European average.
Similar(32)
A downgrade in France would make it costlier for the government to pay its debts and for French businesses to obtain credit.
These are likely to make it costlier for banks to lend to smaller (ie, riskier) companies.
But rising interest rates on Treasury notes make it costlier for the government to raise money.
A recurring levy would make it costlier to buy and hold a second or third home as a speculative bet on rising prices.
The idea is to make it costlier for banks to make fresh loans to debt-laden companies on the outside chance that they might make good on the original ones.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com