Employment Protection Legislation and Labor Markets in Transition: Assessing the Effects of the Labor Code in Armenia

Christopher Hartwell

MPRA Paper from University Library of Munich, Germany

Abstract: The effects of employment protection legislation (EPL) on a country’s labor market are clear in theory but empirical evidence is only starting to catch up. In particular, EPL is not robust as an indicator of overall unemployment, but previous panel data analyses have shown it affects the flow of workers into and out of employment. Examining monthly and quarterly data from Armenia, I find that the country’s package of EPL has this same effect, and worker flows have slowed under the country’s new Labor Code. The paradox of where Armenia’s workforce is going still remains but can be hypothesized as entering the informal sector.

Keywords: employment protection legislation; institutions; Armenia; transition (search for similar items in EconPapers)
JEL-codes: E24 J08 J21 (search for similar items in EconPapers)
Date: 2010-12
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Citations: View citations in EconPapers (3)

Published in European Journal of Comparative Economics 2.7(2010): pp. 413-445

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Journal Article: Employment Protection Legislation and Labor Markets in Transition: Assessing the Effects of the Labor Code in Armenia (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:40259

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