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The Labor Market Effects of Employment Protection Legislation

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Release : 1995
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Kind : eBook
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Book Synopsis The Labor Market Effects of Employment Protection Legislation by : Jean-Luc E. Grosso

Download or read book The Labor Market Effects of Employment Protection Legislation written by Jean-Luc E. Grosso. This book was released on 1995. Available in PDF, EPUB and Kindle. Book excerpt:

Employment Protection Legislation

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Release : 2010-01-01
Genre : Business & Economics
Kind : eBook
Book Rating : 598/5 ( reviews)

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Book Synopsis Employment Protection Legislation by : Per Skedinger

Download or read book Employment Protection Legislation written by Per Skedinger. This book was released on 2010-01-01. Available in PDF, EPUB and Kindle. Book excerpt: In this book, Per Skedinger gives an excellent and balanced survey and evaluation of both the theoretical prediction and the empirical research about the consequences of legislated employment protection. From the foreword by Assar Lindbeck Employment protection legislation is one of the most controversial issues in the labour market. In this insightful book, Per Skedinger provides an overview of the design, evolution and research on the effects of employment protection legislation around the world. Most countries have some form of employment protection legislation. Against a background of high and rising unemployment in many countries, politicians and representatives of unions and businesses often have differing views as to the desirability, effects and distributional consequences of the legislation. The book covers more than one hundred international studies, dealing with the impact of legislation on productivity, personnel turnover, structural change, perceived job security, and the aggregate level and distribution of employment and unemployment. Being the first comprehensive and up-to-date survey available of economic research on the effects of employment protection, this book will appeal to researchers in economics, industrial relations and law, as well as to policymakers and practitioners dealing with employment protection issues in government, business and trade unions.

Employment Protection Deregulation and Labor Shares in Advanced Economies

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Release : 2018-08-16
Genre : Business & Economics
Kind : eBook
Book Rating : 723/5 ( reviews)

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Book Synopsis Employment Protection Deregulation and Labor Shares in Advanced Economies by : Gabriele Ciminelli

Download or read book Employment Protection Deregulation and Labor Shares in Advanced Economies written by Gabriele Ciminelli. This book was released on 2018-08-16. Available in PDF, EPUB and Kindle. Book excerpt: Labor market deregulation, intended to boost productivity and employment, is one plausible, yet little studied, driver of the decline in labor shares that took place across most advanced economies since the early 1990s. This paper assesses the impact of job protection deregulation in a sample of 26 advanced economies over the period 1970-2015, using a newly constructed dataset of major reforms to employment protection legislation for regular contracts. We apply the local projection method to estimate the dynamic response of the labor share to our reform events at both the country and the country-industry levels. For the latter, we employ a differences-in-differences identification strategy using two identifying assumptions grounded in theory—namely that job protection deregulation should have larger negative effects in industries characterized by (i) a higher “natural” propensity to adjust the workforce, and (ii) a lower elasticity of substitution between capital and labor. We find a statistically significant, economically large and robust negative effect of deregulation on the labor share. In particular, illustrative back-of-the-envelope calculations suggest that job protection deregulation may have contributed about 15 percent to the average labor share decline in advanced economies. Together with existing evidence regarding the macroeconomic gains from job protection and other labor market reforms, our results also point to the need for policymakers to address efficiency-equity trade-offs when designing such reforms.

Law and Employment

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Release : 2007-11-01
Genre : Law
Kind : eBook
Book Rating : 858/5 ( reviews)

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Book Synopsis Law and Employment by : James J. Heckman

Download or read book Law and Employment written by James J. Heckman. This book was released on 2007-11-01. Available in PDF, EPUB and Kindle. Book excerpt: Law and Employment analyzes the effects of regulation and deregulation on Latin American labor markets and presents empirically grounded studies of the costs of regulation. Numerous labor regulations that were introduced or reformed in Latin America in the past thirty years have had important economic consequences. Nobel Prize-winning economist James J. Heckman and Carmen Pagés document the behavior of firms attempting to stay in business and be competitive while facing the high costs of complying with these labor laws. They challenge the prevailing view that labor market regulations affect only the distribution of labor incomes and have little or no impact on efficiency or the performance of labor markets. Using new micro-evidence, this volume shows that labor regulations reduce labor market turnover rates and flexibility, promote inequality, and discriminate against marginal workers. Along with in-depth studies of Colombia, Peru, Brazil, Argentina, Chile, Uruguay, Jamaica, and Trinidad, Law and Employment provides comparative analysis of Latin American economies against a range of European countries and the United States. The book breaks new ground by quantifying not only the cost of regulation in Latin America, the Caribbean, and in the OECD, but also the broader impact of this regulation.

Employment Security and Labor Market Behavior

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Author :
Release : 1993
Genre : Business & Economics
Kind : eBook
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Book Synopsis Employment Security and Labor Market Behavior by : Christoph F. Buechtemann

Download or read book Employment Security and Labor Market Behavior written by Christoph F. Buechtemann. This book was released on 1993. Available in PDF, EPUB and Kindle. Book excerpt: Considers the effects of employment security on labour market dynamics and productivity.

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