Labor Market "Rigidity" and the Success of Economic Reforms Across more than One Hundred Countries

Álvaro Forteza · Martín Rama

70 citations0/0 files storedRePEc: Research Papers in Economics

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Labor market dynamics and wage inequality Social Policy and Reform Studies Employment, Labor, and Gender Studies

Abstract

Labor market policies and institutions affect the success of economic reform but probably more for political than for economic reasons. Growth appears not to be hurt by minimum wages and mandatory benefits. But the relative size of organized labor (in government and elsewhere) is crucial

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1991Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations 1995Another look at the instrumental variable estimation of error-components models 1991A SENSITIVITY ANALYSIS OF CROSS-COUNTRY GROWTH REGRESSIONS 1995INSTITUTIONS AND ECONOMIC PERFORMANCE: CROSS‐COUNTRY TESTS USING ALTERNATIVE INSTITUTIONAL MEASURES 1995Economic Reform and the Process of Global Integration 1995Growth Empirics: A Panel Data Approach 1997I Just Ran Two Million Regressions n.d.Why Are Stabilizations Delayed?

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