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2024-01Rights
© 2023 The Authors. Published by Elsevier B.V. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/)Peer-Reviewed
YesOpen Access status
openAccessAccepted for publication
12/11/2023
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We examine the role of generalized social trust in substituting for employment protection legislation. Using foreign direct investment from the US to a sample of OECD countries, we find that trust diminishes the importance of formal employment regulations in investment attractiveness.Version
Published versionCitation
Jayakody S, Morelli D, Nica M et al (2024) Trust and employment protection legislation. Economics Letters. 234: 111441.Link to Version of Record
https://doi.org/10.1016/j.econlet.2023.111441Type
Articleae974a485f413a2113503eed53cd6c53
https://doi.org/10.1016/j.econlet.2023.111441