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Who benefits from labor market regulations? Chile 1960-1998

Author

Listed:
  • Claudio E. Montenegro
  • Carmen Pages

Abstract

Economists have examined the impact of labor market regulations on the level of employment. But there are many reasons to suspect that the impact of regulations differs across types of workers. In this paper the authors take advantage of the unusually large variance in labor policy in Chile to examine how different labor market regulations affect the distribution of employment and the employment rates across age, gender, and skill levels. To this effect, they use a sample of repeated cross-section household surveys spanning the period 1960-98 and measures of the evolution of job security provisions and minimum wages across time. The results suggest large distribution effects. The authors find that employment security provisions and minimum wages reduce the share of youth and unskilled employment as well as their employment rates. They also find large effects on the distribution of employment between women and men.

Suggested Citation

  • Claudio E. Montenegro & Carmen Pages, 2003. "Who benefits from labor market regulations? Chile 1960-1998," Policy Research Working Paper Series 3143, The World Bank.
  • Handle: RePEc:wbk:wbrwps:3143
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Labor Policies; Labor Management and Relations; Environmental Economics&Policies; Public Health Promotion; Health Monitoring&Evaluation; Environmental Economics&Policies; Health Monitoring&Evaluation; Labor Management and Relations; Labor Standards; Youth and Governance;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand

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