Job Creation and Labor Reform in Latin America
This paper studies the effects of labor-regulation reform using data for 10,396 firms from 14 Latin American countries. Firms are asked both how many permanent workers they would have hired and how many they would have terminated if labor regulations were made more flexible. I find that making labor...
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| Format: | Journal Article |
| Language: | EN |
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2012
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| Online Access: | http://hdl.handle.net/10986/5894 |
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okr-10986-58942021-04-23T14:02:23Z Job Creation and Labor Reform in Latin America Kaplan, David S. Labor Turnover Vacancies Layoffs J630 Labor Standards: Public Policy J880 Labor Law K310 This paper studies the effects of labor-regulation reform using data for 10,396 firms from 14 Latin American countries. Firms are asked both how many permanent workers they would have hired and how many they would have terminated if labor regulations were made more flexible. I find that making labor regulations more flexible would lead to an average net increase of 2.08 percent in total employment. Firms with fewer than 20 employees would benefit the most, with average gains in net employment of 4.27 percent. Countries with more regulated labor markets would experience larger gains in total employment. These larger gains in total employment, however, would be achieved through higher rates of hiring and higher rates of termination. These results may explain why there is substantial opposition to labor reforms despite the predicted gains in efficiency and total employment. 2012-03-30T07:35:03Z 2012-03-30T07:35:03Z 2009 Journal Article Journal of Comparative Economics 01475967 http://hdl.handle.net/10986/5894 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article Latin America |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
EN |
| topic |
Labor Turnover Vacancies Layoffs J630 Labor Standards: Public Policy J880 Labor Law K310 |
| spellingShingle |
Labor Turnover Vacancies Layoffs J630 Labor Standards: Public Policy J880 Labor Law K310 Kaplan, David S. Job Creation and Labor Reform in Latin America |
| geographic_facet |
Latin America |
| relation |
http://creativecommons.org/licenses/by-nc-nd/3.0/igo |
| description |
This paper studies the effects of labor-regulation reform using data for 10,396 firms from 14 Latin American countries. Firms are asked both how many permanent workers they would have hired and how many they would have terminated if labor regulations were made more flexible. I find that making labor regulations more flexible would lead to an average net increase of 2.08 percent in total employment. Firms with fewer than 20 employees would benefit the most, with average gains in net employment of 4.27 percent. Countries with more regulated labor markets would experience larger gains in total employment. These larger gains in total employment, however, would be achieved through higher rates of hiring and higher rates of termination. These results may explain why there is substantial opposition to labor reforms despite the predicted gains in efficiency and total employment. |
| format |
Journal Article |
| author |
Kaplan, David S. |
| author_facet |
Kaplan, David S. |
| author_sort |
Kaplan, David S. |
| title |
Job Creation and Labor Reform in Latin America |
| title_short |
Job Creation and Labor Reform in Latin America |
| title_full |
Job Creation and Labor Reform in Latin America |
| title_fullStr |
Job Creation and Labor Reform in Latin America |
| title_full_unstemmed |
Job Creation and Labor Reform in Latin America |
| title_sort |
job creation and labor reform in latin america |
| publishDate |
2012 |
| url |
http://hdl.handle.net/10986/5894 |
| _version_ |
1764396688699555840 |