Rechtssystem und Arbeitsmarkt-Performance
AbstractThis paper econometrically analyzes whether and to what extent the structural features of the legal system affect the labor market. According to the regression results, a legal system characterized by judicial dependence, biased courts, a lack of intellectual property protection, frequent military interference, as well as a lack of integrity diminishes the performance of the labor market considerably. Obviously, this has a particularly adverse impact on women and young people. The most detrimental aspects appear to be limited or non-existent judicial independence, biased courts, and the legal system's lack of integrity.
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Bibliographic InfoArticle provided by Duncker & Humblot, Berlin in its journal Schmollers Jahrbuch.
Volume (Year): 124 (2004)
Issue (Month): 4 ()
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Web page: http://www.duncker-humblot.de
Find related papers by JEL classification:
- E24 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution
- J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
- J64 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment: Models, Duration, Incidence, and Job Search
- K00 - Law and Economics - - General - - - General (including Data Sources and Description)
- K40 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - General
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