Artikel

Designing labor market regulations in developing countries

Governments regulate employment to protect workers and improve labor market efficiency. But, regulations, such as minimum wages and job security rules, can be controversial. Thus, decisions on setting employment regulations should be based on empirical evidence of their likely impacts. Research suggests that most countries set regulations in the appropriate range. But this is not always the case and it can be costly when countries over- or underregulate their labor markets. In developing countries, effective regulation also depends on enforcement and education policies that will increase compliance.

Language
Englisch

Bibliographic citation
Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2019 ; Bonn: Institute of Labor Economics (IZA)

Classification
Wirtschaft
Subject
labor market regulation
job security
minimum wage

Event
Geistige Schöpfung
(who)
Betcherman, Gordon
Event
Veröffentlichung
(who)
Institute of Labor Economics (IZA)
(where)
Bonn
(when)
2019

DOI
doi:10.15185/izawol.57.v2
Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Betcherman, Gordon
  • Institute of Labor Economics (IZA)

Time of origin

  • 2019

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