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The unemployment effects of labor regulation around the world


Reference:

Feldmann, H., 2009. The unemployment effects of labor regulation around the world. Journal of Comparative Economics, 37 (1), pp. 76-90.

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Official URL:

http://dx.doi.org/10.1016/j.jce.2008.10.001

Abstract

Using data on 73 economies for the years 2000 to 2003, this paper empirically analyzes the effects of labor regulation on unemployment around the globe. According to the regression results, stricter regulation generally appears to increase unemployment. Tight hiring and firing rules and military conscription most clearly seem to have adverse effects. More centralized collective bargaining seems to increase female unemployment. The size of most effects appears to be substantial, particularly among young people. However, we do not find statistically significant effects of minimum wages or unemployment benefits. Our results are robust to variations in specification

Details

Item Type Articles
CreatorsFeldmann, H.
DOI10.1016/j.jce.2008.10.001
Uncontrolled Keywordscollective bargaining, unemployment benefits, minimum wage, hiring and firing regulation, unemployment, military conscription, labor regulation
DepartmentsFaculty of Humanities & Social Sciences > Social & Policy Sciences
Faculty of Humanities & Social Sciences > Economics
RefereedYes
StatusPublished
ID Code14101
Additional InformationSymposium: Labor Regulation In Developing Countries

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