The Impact of Labor Market Regulations

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Release : 1995
Genre : Labor market
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The Impact of Labor Market Regulations - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Impact of Labor Market Regulations write by Lyn Squire. This book was released on 1995. The Impact of Labor Market Regulations available in PDF, EPUB and Kindle.

Does Regulation Kill Jobs?

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Release : 2014-01-06
Genre : Political Science
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Book Rating : 249/5 ( reviews)

Does Regulation Kill Jobs? - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Does Regulation Kill Jobs? write by Cary Coglianese. This book was released on 2014-01-06. Does Regulation Kill Jobs? available in PDF, EPUB and Kindle. As millions of Americans struggle to find work in the wake of the Great Recession, politicians from both parties look to regulation in search of an economic cure. Some claim that burdensome regulations undermine private sector competitiveness and job growth, while others argue that tough new regulations actually create jobs at the same time that they provide other benefits. Does Regulation Kill Jobs? reveals the complex reality of regulation that supports neither partisan view. Leading legal scholars, economists, political scientists, and policy analysts show that individual regulations can at times induce employment shifts across firms, sectors, and regions—but regulation overall is neither a prime job killer nor a key job creator. The challenge for policymakers is to look carefully at individual regulatory proposals to discern any job shifting they may cause and then to make regulatory decisions sensitive to anticipated employment effects. Drawing on their analyses, contributors recommend methods for obtaining better estimates of job impacts when evaluating regulatory costs and benefits. They also assess possible ways of reforming regulatory institutions and processes to take better account of employment effects in policy decision-making. Does Regulation Kills Jobs? tackles what has become a heated partisan issue with exactly the kind of careful analysis policymakers need in order to make better policy decisions, providing insights that will benefit both politicians and citizens who seek economic growth as well as the protection of public health and safety, financial security, environmental sustainability, and other civic goals. Contributors: Matthew D. Adler, Joseph E. Aldy, Christopher Carrigan, Cary Coglianese, E. Donald Elliott, Rolf Färe, Ann Ferris, Adam M. Finkel, Wayne B. Gray, Shawna Grosskopf, Michael A. Livermore, Brian F. Mannix, Jonathan S. Masur, Al McGartland, Richard Morgenstern, Carl A. Pasurka, Jr., William A. Pizer, Eric A. Posner, Lisa A. Robinson, Jason A. Schwartz, Ronald J. Shadbegian, Stuart Shapiro.

The Impact of Labor Market Regulations

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Release : 2016
Genre :
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The Impact of Labor Market Regulations - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Impact of Labor Market Regulations write by Lyn Squire. This book was released on 2016. The Impact of Labor Market Regulations available in PDF, EPUB and Kindle. There may be natural limits on the efficiency losses engendered by labor market regulations, although such costs could be significant in some countries at some times.Squire and Suthiwart-Narueput investigate the impact of labor market regulations in settings where compliance is incomplete. They review some stylized facts about labor market behavior, present an analytical model that may explain such behavior, and provide a checklist for assessing the distortionary impact of a regulation such as the minimum wage.They take as their starting point the limited evidence about the distortionary effects of such regulations and argue that there may be natural limits on the efficiency losses engendered by labor market regulations.First, the regulations may not be binding at market equilibrium. For example, minimum wages may be set so low that they are ineffective.Second, even if they are binding, the relevant elasticities of supply and demand may be so low that the regulations have little impact on efficiency.Third, even if the regulations are binding and elasticities are sizable, compliance may be low.Squire and Suthiwart-Narueput argue that the likelihood of compliance will be greatest when the regulations are binding and the relevant elasticities are sizable. That is, if the distortionary costs of regulations are not rendered insignificant by the first two reasons, then the returns to noncompliance will be high and, other things being equal, employers will evade or avoid the regulations, thereby minimizing the impact on efficiency.The argument rests on profit maximization subject to a hard budget constraint. Public enterprises, which are not concerned only with profit maximization and often have softer budget constraints than the private sector, may be more willing to conform to profit-reducing regulations, but in this case the authors argue that compliance may reduce already-existing efficiency losses.This paper - a joint product of the Office of the Director and the Public Economics Division, Policy Research Department - is one in a series of background papers prepared for the World Development Report 1995 on labor.

Law and Employment

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Release : 2007-11-01
Genre : Law
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Book Rating : 858/5 ( reviews)

Law and Employment - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Law and Employment write by James J. Heckman. This book was released on 2007-11-01. Law and Employment available in PDF, EPUB and Kindle. Law 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.

The Future of Work

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Release : 2020-12-10
Genre : Law
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Book Rating : 613/5 ( reviews)

The Future of Work - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Future of Work write by Adalberto Perulli. This book was released on 2020-12-10. The Future of Work available in PDF, EPUB and Kindle. Studies in Employment and Social Policy Volume 56 Digitalization, far from being solely a technological issue, has broad implications in the social, labour, and economic spheres. It leads to dangers as well as to new chances for the workforce, and thus labour law must develop effective ways to both protect workers and allow them to profit from new technological developments. The most thorough book of its kind, this collection of expert essays provides an abundance of well-thought-out material for understanding the consequences of digitalization for the labour market and industrial relations. Recognizing that only an international perspective can make it possible to face the challenges of the present (and the future), renowned authorities from the International Labour Organization and the International Society for Labour and Social Security Law, as well as outstanding labour law professors, examine in depth such salient issues as the following: transformation of production systems; the spread of artificial intelligence; precariousness and exploitation in the gig economy; lessons learned from COVID-19; employment status of platform workers; new cross-border issues; rights to trade union association and collective bargaining; role of the State in the new digital labour market; and blurred lines between work and private life. Thanks to the international team of contributors, the issues are dealt with from a variety of overlapping perspectives and points of view, combining aspects of labour law, commercial law, corporate governance, and international law. Highlighting the need to adapt, especially through the right to training, work, and professionalism with respect to the new technological landscape, the book draws on legislative, judicial, and theoretical initiatives suggesting ways of responding positively to the requests for protection that arise in the new forms of production. A uniquely valuable tool for study and reflection for policymakers and academics, the book is also sure to be valued by entrepreneurs, managers, consultants, corporate lawyers, judges, human rights experts, and trade unionists who are interested in the issues of labour, industrial relations, and social rights in European and international contexts.