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Labor Market Reforms: Issues, Evidence and Prospects

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Author Info
Schultz, T.P.

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Abstract

The study of labor market segmentation and the estimation of the deadweight loss due to policy distortions reflected in wage structures require analyses of labor force surveys. These data are increasingly available in most countries. But evaluations of labor market reforms are uncommon. The lack of documented labor market reforms may reflect the difficulty of reducing wage distortions by direct policy measures, and the greater capacity of trade reforms and changes in industrial structure to erode wage distortions indirectly, and thereby promote efficiency and economic growth. The economic case for labor market reforms should nonetheless strengthen support for allied policies.

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Publisher Info
Paper provided by Yale - Economic Growth Center in its series Papers with number 802.

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Length: 55 pages
Date of creation: 1999
Date of revision:
Handle: RePEc:fth:yalegr:802

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Related research
Keywords: LABOUR MARKET ; EVALUATION ; ECONOMIC GROWTH;

Other versions of this item:

Find related papers by JEL classification:
J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

Cited by:
(explanations, 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.)

  1. Djavad Salehi-Isfahani & Russell D. Murphy, 2006. "Labor market flexibility and investment in human capital," Working Papers e06-5, Virginia Polytechnic Institute and State University, Department of Economics. [Downloadable!]
  2. Hugo Benitez-Silva and Sofia Sheidvasser, 2000. "The Educated Russian's Curse: Returns to Education in the Russian Federation," Department of Economics Working Papers 00-05, Stony Brook University, Department of Economics. [Downloadable!]
  3. Sofia Cheidvasser, 2000. "The Educated Russian's Curse: Returns to Education in the Russian Federation," Econometric Society World Congress 2000 Contributed Papers 0246, Econometric Society. [Downloadable!]
Statistics
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This page was last updated on 2009-12-16.

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