Arbeitspapier

Labor market regulation and the legal system

When enacting labor market regulation governments face courts that interpret and implement the legal code. We show that the incentives for governments for labor market reform increase with the uncertainty that is involved in the implementation of legal codes through courts. Given that judges have more discretion in common as opposed to civil law systems more reform activity as a response to crises should be observed in the former system. This finding is backed by evidence from a panel of OECD countries.

Language
Englisch

Bibliographic citation
Series: CESifo Working Paper ; No. 2041

Classification
Wirtschaft
Positive Analysis of Policy Formulation and Implementation
Labor Law
Subject
Arbeitsmarktpolitik
Arbeitsrechtsprechung
Risiko
Arbeitsmarktflexibilisierung
Schätzung
OECD-Staaten

Event
Geistige Schöpfung
(who)
Hefeker, Carsten
Neugart, Michael
Event
Veröffentlichung
(who)
Center for Economic Studies and ifo Institute (CESifo)
(where)
Munich
(when)
2007

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Hefeker, Carsten
  • Neugart, Michael
  • Center for Economic Studies and ifo Institute (CESifo)

Time of origin

  • 2007

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