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The Cost of Job Security Regulation: Evidence from Latin American Labor Markets

James Heckman and Carmen Pages

No 7773, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper documents the high level of job security protection in Latin American labor markets and analyzes its impact on employment. We show that job security policies have substantial impact on the level and the distribution of employment in Latin America. They reduce employment and promote inequality. The institutional organization of the labor market affects both employment and inequality.

JEL-codes: C20 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-lab and nep-reg
Date: 2000-06
Note: LS
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Published as Heckman, James J. and Carmen Pages-Serra. “The Cost of Job Security Regulation: Evidence from the Latin American Labor Markets." Journal of the Latin American and Caribbean Economic Association 1, 1 (Fall 2000): 109-154.

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Working Paper: The Cost of Job Security Regulation: Evidence from Latin American Labor Markets (2010) Downloads
Journal Article: The Cost of Job Security Regulation: Evidence from Latin American Labor Markets (2000) Downloads
Working Paper: The Cost of Job Security Regulation: Evidence from Latin American Labor Markets (2000) Downloads
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