Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.22617/WPS189312-2 |
Labor Market Regulations in the Context of Structural Transformation | |
[unavailable] | |
2018-04-16 | |
出版年 | 2018 |
语种 | 英语 |
国家 | 国际 |
领域 | 气候变化 |
英文摘要 |
![]() Labor market regulations that provide insurance to workers are efficiency enhancing and raise the fraction of workers employed in the more productive formal sector. Determining what types of labor market regulations are optimal is challenging. Governments in developing countries attempt to regulate labor markets through wages, hours of work, hiring and firing restrictions, and work conditions. This paper constructs a theoretical model to study labor market regulations within the context of structural transformation. When workers are risk averse and the market for insurance against labor income risk is missing, regulations that provide insurance to workers are enhancing and raise the fraction of workers employed in the more productive formal sector. However, regulations that create barriers to the dismissal of workers may impede the transition to formal sector employment and reduce workers‘ welfare. Empirically, the paper finds that dismissal regulations increase the share of informal employment; however, severance payments to workers do not. Contents
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来源平台 | Asian Development Bank |
引用统计 | |
文献类型 | 科技报告 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/235091 |
专题 | 气候变化 |
推荐引用方式 GB/T 7714 | [unavailable]. Labor Market Regulations in the Context of Structural Transformation,2018. |
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文件名称/大小 | 文献类型 | 版本类型 | 开放类型 | 使用许可 | ||
ewp-543-labor-market(639KB) | 科技报告 | 开放获取 | CC BY-NC-SA | 浏览 下载 |
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