Labor Market Regulation and Employment in the Caribbean
This research project focuses on the demand side of the labor market by examining the impact which labor market regulations have had on employment creation in the English-speaking Caribbean countries of Barbados, Jamaica and Trinidad and Tobago. Although a recent IADB report on labor market reform in Latin America and the Caribbean indicates that the English-speaking Caribbean countries have a lower level of labor market inflexibility than Latin American countries, the regulatory environment in both the labor and commodity markets has had some adverse impact on employment creation in the region (IADB, 1996). Results from a study of the operations of the labor market in the Caribbean Group for Cooperation in Economic Development (CGCED) suggest that these regulatory measures do have some effect on the operation of businesses in the region (see Abt Associates, 1998).
|Date of creation:||Apr 2000|
|Contact details of provider:|| Postal: 1300 New York Avenue, NW, Washington, DC 20577|
Web page: http://www.iadb.org/res
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"Pitfalls in Testing for Long Run Relationships,"
38, Boston University - Department of Economics.
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"Interpreting cointegrated models,"
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- Lockwood, Ben & Manning, Alan, 1989. "Dynamic Wage-Employment Bargaining with Employment Adjustment Costs," Economic Journal, Royal Economic Society, vol. 99(398), pages 1143-1158, December.
- Inder, Brett, 1993. "Estimating long-run relationships in economics : A comparison of different approaches," Journal of Econometrics, Elsevier, vol. 57(1-3), pages 53-68.
- Dickens, Richard & Machin, Stephen & Manning, Alan, 1999.
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Journal of Labor Economics,
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- Richard Dickens & Stephen Machin & Alan Manning, 1994. "The Effects of Minimum Wages on Employment: Theory and Evidence from Britain," CEP Discussion Papers dp0183, Centre for Economic Performance, LSE.
- Peter C.B. Phillips & Mico Loretan, 1989.
"Estimating Long Run Economic Equilibria,"
Cowles Foundation Discussion Papers
928, Cowles Foundation for Research in Economics, Yale University.
- Edward P. Lazear, 1990. "Job Security Provisions and Employment," The Quarterly Journal of Economics, Oxford University Press, vol. 105(3), pages 699-726.
- Daniel S. Hamermesh & Gerard A. Pfann, 1996.
"Adjustment Costs in Factor Demand,"
Journal of Economic Literature,
American Economic Association, vol. 34(3), pages 1264-1292, September.
- Modesto, Leonor, 1994. "Dynamic Behaviour of Wages and Employment: A Bargaining Model Introducing Adjustment Costs," CEPR Discussion Papers 893, C.E.P.R. Discussion Papers.
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