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Labor Market Reforms: Issues, Evidence and Prospects

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Author Info

  • Schultz, T.P.

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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Bibliographic 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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Postal: U.S.A.; YALE UNIVERSITY, ECONOMIC GROWTH CENTER, YALE STATION NEW-HAVEN CONNECTICUT 06520 U.S.A
Phone: (203) 432-3610
Fax: (203) 432-3898
Web page: http://www.econ.yale.edu/~egcenter/
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Keywords: LABOUR MARKET ; EVALUATION ; ECONOMIC GROWTH;

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Cited by:
  1. 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.

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