Impact of Labour Regulation on Unemployment: A Case Study of France, Germany, UK and USA
AbstractThis paper examines the state of labour protection in four countries (UK, USA, France and Germany) during 1970-2006. It supports the contention of the legal-origin theory that UK and USA (common law countries) intervene less in the labour market and grant less protection to labourers. It also supports the proposition that the problem of unemployment is more acute in the civil law countries (France and Germany). But it finds no direct relationship between various aspects of labour regulation and unemployment rate. Hence, we conclude that the explanation of more acute unemployment problem in France and Germany should be sought elsewhere.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 32928.
Date of creation: 2011
Date of revision:
law and economics; labour law; legal origin theory; unemployment rate; long-term unemployment; youth unemployment;
Find related papers by JEL classification:
- J80 - Labor and Demographic Economics - - Labor Standards - - - General
- J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General
- K31 - Law and Economics - - Other Substantive Areas of Law - - - Labor Law
- J50 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-08-29 (All new papers)
- NEP-LAB-2011-08-29 (Labour Economics)
- NEP-REG-2011-08-29 (Regulation)
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