Designing labor market regulations in developing countries
AbstractGovernments regulate employment to protect workers and to improve labor market efficiency. However, employment regulations can be controversial, often complicated by opposing ideological views. Thus, it is important for policymakers in developing countries to base decisions on empirical evidence of the impacts of these regulations. The majority of the evidence suggests that most countries have set their regulations in the appropriate range. But it can be costly when countries either overregulate or underregulate their labor market.
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Bibliographic InfoArticle provided by Institute for the Study of Labor (IZA) in its journal IZA World of Labor.
Volume (Year): (2014)
Issue (Month): (May)
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Postal: IZA, P.O. Box 7240, D-53072 Bonn, Germany
Fax: +49 228 3894 180
Web page: http://www.iza.org
labor market regulation; job security; minimum wages;
Find related papers by JEL classification:
- J08 - Labor and Demographic Economics - - General - - - Labor Economics Policies
- J38 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Public Policy
- J88 - Labor and Demographic Economics - - Labor Standards - - - Public Policy
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