Identifying asymmetric effects of labor market reforms

On the Short-Run Effects of Labor Market Reforms

This paper evaluates the effects of introducing labor market flexibility into a small open economy characterized by tenure-increasing separation taxes. The model, which is calibrated to Argentinean observations, is subjected to different reforms: 1) the elimination of all separation costs, 2) the introduction of temporary contracts, and 3) the elimination of the separation costs from all new hi...

Labor Market Reforms: Issues, Evidence and Prospects

The study of labor market segmentation and the estimation of the deadweight loss due to policy distortions reflected in wage structures require analyses of labor force surveys. These data are increasingly available in most countries. But evaluations of labor market reforms are uncommon. The lack of documented labor market reforms may reflect the difficulty of reducing wage distortions by direct...

Labor Market Outcomes and Trade Reforms: The Case of India

Did the German Model Survive the Labor Market Reforms?

Zusammenfassung Der Aufsatz diskutiert entlang verschiedener Dimensionen die Kennzeichen des deutschen Modells als einer besonderen Spielart des Kapitalismus. Diese unterscheidet sich vom angelsächsischen Modell, da sie stärker auf soziale Absicherung und Sozialpartnerschaft setzt. Er argumentiert, dass das deutsche Modell aufgrund der seit Mitte der 1970er Jahre schubartig angewachsenen Sockel...

Skill-Biased Labor Market Reforms and International Competitiveness

This paper proposes a multi-industry trade model with integrated capital and goods markets. Labor market imperfections in line with Mortensen and Pissarides (Job Creation and Job Destruction in the Theory of Unemployment, 1994) give rise to unemployment and a channel for the government to influence markets through institutional changes. Labor market interventions feedback into the product marke...