The Incidence of Job Security Regulations on Labor Market Flexibility and Compliance in Colombia: Evidence from the 1990 Reform

Adriana Kugler

No 3267, IDB Publications (Working Papers) from Inter-American Development Bank

Abstract: Utilizing differences-in-differences estimates, this paper reviews the impact of reduced firing costs on the dynamism of the Colombian labor market. The effects include raising exit rates into and out of unemployment, increasing compliance with labor legislation by lowering the costs of formal production, and reducing unemployment from the late 1980s to the early 1990s.

Keywords: severance payments; hazard rates; labor market reform; worker turnover; job security; election biases (search for similar items in EconPapers)
JEL-codes: J41 J63 J64 J65 J68 (search for similar items in EconPapers)
Date: 2000-05
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Citations: View citations in EconPapers (1)

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Working Paper: The Incidence of Job Security Regulations on Labor Market Flexibility and Compliance in Colombia: Evidence from the 1990 Reform (2000)
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Persistent link: https://EconPapers.repec.org/RePEc:idb:brikps:3267

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