Who benefits from Labour market regulations?: Chile 1960-1998

By: Contributor(s): Material type: TextTextSeries: Policy Research Working Paper, No. 3143Publication details: Washington, D. C. World Bank 2003Description: 35 pSubject(s): DDC classification:
  • 658.3
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. https://openknowledge.worldbank.org/handle/10986/18044
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Books Vikram Sarabhai Library Rack 36-A / Slot 1948 (2nd Floor, East Wing) General Stacks 658.3 M6W4 (Browse shelf(Opens below)) Available 156499

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.

https://openknowledge.worldbank.org/handle/10986/18044

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