Labor Market Regulations in Low-, Middle- and High-Income Countries: A New Panel Database

Martin Schindler and Mariya Aleksynska

No 2011/154, IMF Working Papers from International Monetary Fund

Abstract: This paper documents a new database of labor market regulations during 1980-2005 in 91 countries, including low-, middle- and high-income countries, and contains information on unemployment insurance systems, minimum wage regulations, and employment protection legislation. In this paper, we provide details regarding the data, methodology and sources. Descriptive statistics indicate that there exists substantial heterogeneity in labor market institutions across regions and income groupings, and that much of the sample variation is driven by institutional changes over time in low- and middle-income countries. All indicators are at an annual frequency, allowing for the dating of major changes in regulation, and are based on data from a variety of sources, including the ILO, OECD and national agencies.

Keywords: WP; minimum wage; unemployment benefit; wage; labor market; country; unemployment insurance; minimum wages; unemployment benefit systems; gross replacement rate; benefit coverage; advance notice; severance payment; OECD country; OECD database; severance pay; coverage ratio; descriptive statistics; DB database; wage data; benefit recipient; UI benefit; Wages; Labor market regulations; Labor market institutions; Labor markets; Central Asia; North America; Asia and Pacific; Western Europe; East Asia (search for similar items in EconPapers)
Pages: 76
Date: 2011-07-01
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Citations: View citations in EconPapers (49)

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