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The Cost of Job Security Regulation: Evidence from Latin American Labor Markets / James J. Heckman, Carmen Pages.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Heckman, James J.
Contributor:
National Bureau of Economic Research.
Pages, Carmen.
Series:
Working Paper Series (National Bureau of Economic Research) no. w7773.
NBER working paper series no. w7773
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Other Title:
The Cost of Job Security Regulation
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2000.
Summary:
This paper documents the high level of job security protection in Latin American labor markets and analyzes its impact on employment. We show that job security policies have substantial impact on the level and the distribution of employment in Latin America. They reduce employment and promote inequality. The institutional organization of the labor market affects both employment and inequality.
Notes:
Print version record
June 2000.

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