Advanced Search
MyIDEAS: Login to save this article or follow this journal

Labor market institutions and employment policies: the international experience

Contents:

Author Info

  • Richard B.Freeman

Abstract

This paper presents evidence that legal protection of property rights is indeed an important contributor to economic success but that institutional and legal protection of the rights of labor is also associated with economic success, particularly in developing countries. Cross-country analyses show that measures of labor protections have the same relation to economic efficiency, measured by GDP per capita, as measures of protection of property, and that both protection of property rights and protection of labor rights reduce economic inequality. The results suggest that as legal protection of property gives investors the right message about economic activity: invest in productive undertakings and you will gain the fruits of your investments; legal protection of labor gives workers the right message about economic activity: work and you will gain the fruits of your labor.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.econ.uchile.cl/uploads/publicacion/c0582373-4807-4af8-8c8a-20e120bbfcdb.pdf
Download Restriction: no

Bibliographic Info

Article provided by University of Chile, Department of Economics in its journal Estudios de Economia.

Volume (Year): 30 (2003)
Issue (Month): 1 Year 2003 (June)
Pages: 5-20

as in new window
Handle: RePEc:udc:esteco:v:30:y:2003:i:1:p:5-20

Contact details of provider:
Web page: http://www.econ.uchile.cl/
More information through EDIRC

Related research

Keywords: Economic Freedom; Labor Regulation; Property Protection; Employment Protection.;

Find related papers by JEL classification:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Rebecca M. Blank, 1994. "Social Protection versus Economic Flexibility: Is There a Trade-Off?," NBER Books, National Bureau of Economic Research, Inc, number blan94-1, July.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:udc:esteco:v:30:y:2003:i:1:p:5-20. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (VerĂ³nica Kunze).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.