The Impact of Trade and Labor Market Regulations on Employment and Wages
Author: Rana Hasan
Publisher:
Published: 2001
Total Pages: 60
ISBN-13:
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Author: Rana Hasan
Publisher:
Published: 2001
Total Pages: 60
ISBN-13:
DOWNLOAD EBOOKAuthor: Claire H. Hollweg
Publisher: World Bank Publications
Published: 2014-07-03
Total Pages: 123
ISBN-13: 1464802637
DOWNLOAD EBOOKThis report quantifies labor mobility costs in developing countries and simulates the implied adjustment paths of employment and wages following a change in trade policy. High mobility costs are shown to reduce the potential gains to trade reform.
Author: Ingrid H. Rima
Publisher: Routledge
Published: 2015-05-20
Total Pages: 414
ISBN-13: 1317466616
DOWNLOAD EBOOKThis introductory text on labour economics covers topics such as: the shift in America from a manufacturing-based economy to a service economy; the changes in the economic conditions in the US; the implications of NAFTA and GATT; and the labour markets.
Author: Bernard M. Hoekman
Publisher: World Bank Publications
Published: 2005
Total Pages: 37
ISBN-13:
DOWNLOAD EBOOK"The substantial literature investigating the links between trade, trade policy, and labor market outcomes-both returns to labor and employment-has generated a number of stylized facts, but many open questions remain. This paper surveys the subset of the literature focusing on trade policy and integration into the world economy. Although in the longer run trade opportunities can have a major impact in creating more productive and higher paying jobs, this literature tends to take employment as given. A common finding is that much of the shorter run impacts of trade and reforms involve reallocation of labor or wage impacts within sectors. This reflects a pattern of expansion of more productive firms-especially export-oriented or suppliers to exporters-and contraction and adjustment of less productive enterprises in sectors that become subject to greater import competition. Wage responses to trade and trade reforms are generally greater than employment impacts, but trade can only explain a small fraction of the general increase in wage inequality observed in both industrial and developing countries in recent decades. A feature of the literature survey is that the focus is almost exclusively on industries producing goods. Given the importance of service industries as a source of employment and determinants of competitiveness, the paper argues that one priority area for future research is to study the employment effects of services trade and investment reforms. "--World Bank web site.
Author: Pierre-Richard Agénor
Publisher: International Monetary Fund
Published: 1995-11-01
Total Pages: 98
ISBN-13: 1451854781
DOWNLOAD EBOOKThis paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on economic flexibility and the channels through which labor market imperfections alter the effects of structural adjustment measures are discussed next. The last part of the paper identifies a variety of issues that may require further investigation, such as the link between changes in relative wages and the distributional effects of adjustment policies.
Author: Robert C. Feenstra
Publisher: University of Chicago Press
Published: 2008-04-15
Total Pages: 420
ISBN-13: 0226239640
DOWNLOAD EBOOKSince the early 1980s, the U.S. economy has experienced a growing wage differential: high-skilled workers have claimed an increasing share of available income, while low-skilled workers have seen an absolute decline in real wages. How and why this disparity has arisen is a matter of ongoing debate among policymakers and economists. Two competing theories have emerged to explain this phenomenon, one focusing on international trade and labor market globalization as the driving force behind the devaluation of low-skill jobs, and the other focusing on the role of technological change as a catalyst for the escalation of high-skill wages. This collection brings together innovative new ideas and data sources in order to provide more satisfying alternatives to the trade versus technology debate and to assess directly the specific impact of international trade on U.S. wages. This timely volume offers a thorough appraisal of the wage distribution predicament, examining the continued effects of technology and globalization on the labor market.
Author: James J. Heckman
Publisher: University of Chicago Press
Published: 2007-11-01
Total Pages: 585
ISBN-13: 0226322858
DOWNLOAD EBOOKLaw and Employment analyzes the effects of regulation and deregulation on Latin American labor markets and presents empirically grounded studies of the costs of regulation. Numerous labor regulations that were introduced or reformed in Latin America in the past thirty years have had important economic consequences. Nobel Prize-winning economist James J. Heckman and Carmen Pagés document the behavior of firms attempting to stay in business and be competitive while facing the high costs of complying with these labor laws. They challenge the prevailing view that labor market regulations affect only the distribution of labor incomes and have little or no impact on efficiency or the performance of labor markets. Using new micro-evidence, this volume shows that labor regulations reduce labor market turnover rates and flexibility, promote inequality, and discriminate against marginal workers. Along with in-depth studies of Colombia, Peru, Brazil, Argentina, Chile, Uruguay, Jamaica, and Trinidad, Law and Employment provides comparative analysis of Latin American economies against a range of European countries and the United States. The book breaks new ground by quantifying not only the cost of regulation in Latin America, the Caribbean, and in the OECD, but also the broader impact of this regulation.
Author: Lyn Squire
Publisher: World Bank Publications
Published: 1995
Total Pages: 40
ISBN-13:
DOWNLOAD EBOOKAuthor: Howard M. Wachtel
Publisher: Elsevier
Published: 2013-10-22
Total Pages: 557
ISBN-13: 148326341X
DOWNLOAD EBOOKLabor and the Economy provides the theory, empirical studies of the labor force, and public policies that flow from the theories and empirical studies in the field of labor economics. The book focuses on economic issues and debates. Topics discussed in the text include the history of labor economics; the microeconomic foundations of labor economics; the interaction between labor's effect on the macroeconomy and the macroeconomy's effect on labor; and the interrelation of trade unions with other economic institutions. Graduate and undergraduate students of economics as well as practicing economists will find the book a good reference material.
Author: Catherine Sveikauskas
Publisher: Routledge
Published: 2018-11-21
Total Pages: 120
ISBN-13: 0429681089
DOWNLOAD EBOOKFirst published in 1995. Over the last several decades there has been much concern that international trade has been destroying "good" jobs in the United States. This book provides a thorough empirical examination of this issue, focussing on the years when large, continuous deficits began. The analysis examines occupational employment data for 118 occupations in 156 different industries, and will be of interest to both students of business and economics and policy makers.