In particular, Micco and Pages (2006), OECD (2010), Cingano et al. ( They all find that the negative relationship between layoff costs and job or worker flows is more negative in industries where reallocation rates are larger, that is where it can be expected that EPL effects are, if any, stronger. Using a similar methodology on a large number of industries and OECD countries, Bassanini and Garnero (2013) show that the more restrictive the regulations, the smaller is the rate of within-industiy job-to-job transitions, while no significant effect is detected as regards job-to-job transitions involving an industry change and/or job-to-jobless transitions. They interpret their findings as suggesting that those displaced workers that would not have been displaced in the absence of labour market deregulation tend to find another job relatively quickly.