Labor Market "Rigidity" and the Success of Economic Reforms across More than 100 Countries

The authors show that labor market policies and institutions affect the effectiveness of economic reform programs. They compare annual growth rates across 119 countries, using data from 449 World Bank adjustment credits and loans between 1980 and 1...

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Bibliographic Details
Main Authors:	Forteza, Alvaro, Rama, Martin
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	ADJUSTMENT COSTS ADJUSTMENT LENDING ADJUSTMENT POLICIES ADJUSTMENT PROCESS ADJUSTMENT PROGRAMS ANNUAL GROWTH ANNUAL GROWTH RATE AVERAGE GROWTH CHILD LABOR CONDITIONS OF WORK COUNTRY-SPECIFIC EFFECTS CROSS-COUNTRY REGRESSION CROSS-COUNTRY STUDIES DATA SET DATA SETS DEPENDENT VARIABLE DEREGULATION DEVELOPING COUNTRIES DEVELOPMENT INDICATORS DEVELOPMENT RESEARCH ECONOMETRIC ANALYSIS ECONOMIC GROWTH ECONOMIC IMPACT ECONOMIC MECHANISM ECONOMIC PERFORMANCE ECONOMIC POLICIES ECONOMIC REFORM ECONOMIC REFORMS ECONOMY LITERATURE EMPIRICAL ANALYSIS EMPIRICAL RESULTS ENDOGENOUS VARIABLE EQUILIBRIUM ESTIMATED COEFFICIENTS EXPLANATORY VARIABLES EXTERNAL CONDITIONS FINANCIAL LIBERALIZATION FIXED EFFECTS FOREIGN TRADE GOVERNMENT REGULATIONS GROWTH PERFORMANCE GROWTH RATE GROWTH RATES GROWTH REGRESSIONS HEALTH INSURANCE HIGH UNEMPLOYMENT ILO CONVENTIONS INCOME INCOME TRANSFER INDEPENDENT VARIABLE INDEPENDENT VARIABLES INDIVIDUAL COUNTRIES INSURANCE INTERNATIONAL TRADE JOB SECURITY JOB SEPARATION LABOR COSTS LABOR DEMAND LABOR FORCE LABOR INSPECTION LABOR LEGISLATION LABOR MARKET LABOR MARKET POLICIES LABOR MARKETS LABOR REALLOCATION LAGGED VALUES LEGISLATION LIVING STANDARDS MARKET DISTORTIONS MARKET ISSUES MIDDLE CLASS MINIMUM WAGES MONETARY POLICIES NEGATIVE IMPACT OPERATIONAL WORK PER CAPITA INCOME POLICY CHANGE POLICY MEASURES POLICY PACKAGES POLICY RESEARCH POLITICAL ECONOMY POLITICAL MECHANISM PUBLIC ENTERPRISES PUBLIC SECTOR PUBLIC WORKS RANDOM EFFECTS REAL WAGES REFORM EFFORTS REFORM PROGRAMS REGIONAL AVERAGES REGIONAL DISPARITIES REGRESSION ANALYSIS SAFETY NET SAFETY NETS SELECTION BIAS SOCIAL SECURITY STANDARD DEVIATION STATE-OWNED ENTERPRISES STRUCTURAL ADJUSTMENT STRUCTURAL ADJUSTMENT PROGRAMS TAXATION TRADE LIBERALIZATION TRANSITION ECONOMIES UNEMPLOYMENT BENEFITS
Online Access:	http://documents.worldbank.org/curated/en/2001/01/888057/labor-market-rigidity-success-economic-reforms-across-more-one-hundred-countries http://hdl.handle.net/10986/19737

Internet

http://documents.worldbank.org/curated/en/2001/01/888057/labor-market-rigidity-success-economic-reforms-across-more-one-hundred-countries
http://hdl.handle.net/10986/19737

Labor Market "Rigidity" and the Success of Economic Reforms across More than 100 Countries

Internet

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