The Determinants of Labor Market Institutions: A Panel Data Study
AbstractThis paper analyzes the argument that labor market institutions can be thought of devices for social insurance. It investigates the hypotheses that a country’s exposure to external risk and ethnic fractionalization are correlated with labor market institutions. Extreme bounds analysis with the panel data of 40 years indicates that there is no robust evidence of positive correlation between external risk and the structure of labor market institutions, while ethnic fractionalization is robust negatively correlated with the institutions.
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Bibliographic InfoPaper provided by Stockholm University, Department of Economics in its series Research Papers in Economics with number 2006:10.
Length: 34 pages
Date of creation: 03 Dec 2006
Date of revision: 06 Dec 2006
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Postal: Department of Economics, Stockholm, S-106 91 Stockholm, Sweden
Phone: +46 8 16 20 00
Fax: +46 8 16 14 25
Web page: http://www.ne.su.se/
More information through EDIRC
labor market institutions; external risk; ethnic fractionalization; extreme bounds analysis;
Find related papers by JEL classification:
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
- J08 - Labor and Demographic Economics - - General - - - Labor Economics Policies
- P48 - Economic Systems - - Other Economic Systems - - - Political Economy; Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-12-09 (All new papers)
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