Who Benefits from Labor Market Regulations? Chile 1960-1998
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 unusua...
| Main Authors: | , |
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2003/10/2693750/benefits-labor-market-regulations-chile-1960-1998 http://hdl.handle.net/10986/18044 |
| Summary: | 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. |
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