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Labour Market Deregulation
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Book Synopsis Why Deregulate Labour Markets? by : Gøsta Esping-Andersen
Download or read book Why Deregulate Labour Markets? written by Gøsta Esping-Andersen and published by Oxford University Press. This book was released on 2000 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: With contributions from economists & political scientists, this text takes a hard look at the empirical connections between unemployment & regulation in Europe today, utilising both in-depth nation analyses & broader international comparisons.
Book Synopsis Employment Protection Deregulation and Labor Shares in Advanced Economies by : Gabriele Ciminelli
Download or read book Employment Protection Deregulation and Labor Shares in Advanced Economies written by Gabriele Ciminelli and published by International Monetary Fund. This book was released on 2018-08-16 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labor market deregulation, intended to boost productivity and employment, is one plausible, yet little studied, driver of the decline in labor shares that took place across most advanced economies since the early 1990s. This paper assesses the impact of job protection deregulation in a sample of 26 advanced economies over the period 1970-2015, using a newly constructed dataset of major reforms to employment protection legislation for regular contracts. We apply the local projection method to estimate the dynamic response of the labor share to our reform events at both the country and the country-industry levels. For the latter, we employ a differences-in-differences identification strategy using two identifying assumptions grounded in theory—namely that job protection deregulation should have larger negative effects in industries characterized by (i) a higher “natural” propensity to adjust the workforce, and (ii) a lower elasticity of substitution between capital and labor. We find a statistically significant, economically large and robust negative effect of deregulation on the labor share. In particular, illustrative back-of-the-envelope calculations suggest that job protection deregulation may have contributed about 15 percent to the average labor share decline in advanced economies. Together with existing evidence regarding the macroeconomic gains from job protection and other labor market reforms, our results also point to the need for policymakers to address efficiency-equity trade-offs when designing such reforms.
Book Synopsis Jobs with Inequality by : John Peters
Download or read book Jobs with Inequality written by John Peters and published by University of Toronto Press. This book was released on 2022-06-29 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: Income inequality has skyrocketed in Canada over the past few decades. The rich have become richer, while the average household income has deteriorated and job quality has plummeted. Common explanations for these trends point to globalization, technology, or other forces largely beyond our control. But, as Jobs with Inequality shows, there is nothing inevitable about inequality. Rather, runaway inequality is the result of politics and policies - what governments have done to aid the rich and boost finance and what they have not done to uphold the interests of workers. Drawing on new tax and income data, John Peters tells the story of how inequality is unfolding in Canada today by examining post-democracy, financialization, and labour market deregulation. Timely and novel, Jobs with Inequality explains how and why business and government have rewritten the rules of the economy to the advantage of the few, and considers why progressive efforts to reverse these trends have so regularly run aground.
Book Synopsis Critical Notes on Labour Market Deregulation by : John Edward King
Download or read book Critical Notes on Labour Market Deregulation written by John Edward King and published by . This book was released on 1997 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Labour Market Regulation and Deregulation in Asia by : Caroline Brassard
Download or read book Labour Market Regulation and Deregulation in Asia written by Caroline Brassard and published by Academic Foundation. This book was released on 2006 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Papers presented at the Conference on Regulation, Deregulation and Reregulation, held at Singapore during 22-24 March 2004.
Book Synopsis Greening Industries and Creating Jobs by : Bela Galgoczi
Download or read book Greening Industries and Creating Jobs written by Bela Galgoczi and published by ETUI. This book was released on 2012 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: How the objective of a resource-efficient low carbon economy is to be reached and how the transition is managed are the key issues addressed by this publication. The two main focuses are industrial policy and employment prospects on the road to a green economy that retains its industrial base. Any lasting recovery of the real economy will necessarily take the shape of a more resource-efficient production model. While we argue that only a more ambitious and comprehensive European climate policy framework would have a chance of delivering the broader 2050 climate targets, this does not mean that Europe has to give up its industrial base and its related competences. Several chapters of this book argue that the option of attaining a low-carbon economy through ‘deindustrialisation’ would prevent Europe from preserving its competitiveness and knowledge base, which are also essential for exploiting the potential of the emerging eco-industry. While decoupling economic growth from resource use is also possible with an industrial base that is more energy-and resource-efficient, this does require a fundamental shift in terms of how the economy is managed and how business decisions are made. Sustainable industrial and structural policies are needed also in order to ensure that this revolutionary process takes place in a socially balanced manner.
Book Synopsis Job Protection Deregulation in Good and Bad Times by : Mr.Romain A Duval
Download or read book Job Protection Deregulation in Good and Bad Times written by Mr.Romain A Duval and published by International Monetary Fund. This book was released on 2017-12-14 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores the short-term employment effect of deregulating job protection for regular workers and how it varies with prevailing business cycle conditions. We apply a local projection method to a newly constructed “narrative” dataset of major regular job protection reforms covering 26 advanced economies over the past four decades. The analysis relies on country-sector-level data, using as an identifying assumption the fact that stringent dismissal regulations are more binding in sectors that are characterized by a higher “natural” propensity to regularly adjust their workforce. We find that the responses of sectoral employment to large job protection deregulation shocks depend crucially on the state of the economy at the time of reform——they are positive in an expansion, but become negative in a recession. These findings are consistent with theory, and are robust to a broad range of robustness checks including an Instrumental Variable approach using political economy drivers of reforms as instruments. Our results provide a case for undertaking job protection reform in good times, or for designing it in ways that enhance its short-term impact.
Author :International Working Group on Labour Market Regulation and Deregulation Publisher :McGill-Queen's Press - MQUP ISBN 13 :0773527265 Total Pages :399 pages Book Rating :4.7/5 (735 download)
Book Synopsis Challenging the Market by : International Working Group on Labour Market Regulation and Deregulation
Download or read book Challenging the Market written by International Working Group on Labour Market Regulation and Deregulation and published by McGill-Queen's Press - MQUP. This book was released on 2004 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: For two decades economic and social policy in most of the world has been guided by the notion that economies function best when they are fully exposed to competitive market forces. In labour market policy, this approach is reflected in the widespread emphasis on flexibility - a euphemism for the retrenchment of income support and social security, the relaxation of labour market regulations, and the enhanced power of private actors to determine the terms of the employment relationship. These strategies have had marked effects on labour market outcomes, leading to greater vulnerability and polarization - and not always in ways that enhance worker-centred flexibility. The authors offer a more balanced analysis of the functioning and effects of labour market regulation and deregulation. By questioning the underpinnings of the flexibility paradigm, and revealing its often damaging impacts (on different countries, sectors, and constituencies), they challenge the conclusion that unregulated market forces produce optimal labour market outcomes. The authors conclude with several suggestions for how labour policy could be reformulated to promote both efficiency and equity.
Book Synopsis Labour Market Deregulation in Japan and Italy by : Hiroaki Richard Watanabe
Download or read book Labour Market Deregulation in Japan and Italy written by Hiroaki Richard Watanabe and published by Routledge. This book was released on 2014-11-13 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: Japan and Italy encountered severe economic problems in the early 1990s, and the governments had to deal with those issues effectively under the increasing neoliberal pressures of globalisation. In this context, labour market deregulation was considered an effective tool to cope with those economic problems. However, the forms and degrees of labour market deregulation in the two countries were quite different. This book seeks to explain the differences in labour market deregulation policies between Japan and Italy, despite the fact that the two countries shared a number of similar political, social and labour market (if not cultural) characteristics. Uniquely, it takes a political, rather than economic or sociological perspective to provide a theoretical and empirical analysis of the processes of labour market deregulation in the two countries. The precarious working conditions of an increasing number of non-regular workers has become a prominent social issue in many industrialised countries including Japan and Italy, but the level of the protection for these workers depends on a country’s labour market policies, which are affected by the power resources of labour unions and labour policy-making structures. This book provides a useful perspective for understanding the root causes of this phenomenon, such as the diffusion of ‘neoliberal’ ideas aimed at promoting labour-market flexibility under globalisation, and demonstrates that there is still room for politics to decide the extent of deregulation and maintain worker protection from management offensives even in an era of globalisation. Labour Market Deregulation in Japan and Italy: Worker Protection under Neoliberal Globalisation will appeal to students and scholars of Japanese politics, Italian politics, political economy and comparative politics.
Book Synopsis Employment Protection Deregulation and Labor Shares in Advanced Economies by : Gabriele Ciminelli
Download or read book Employment Protection Deregulation and Labor Shares in Advanced Economies written by Gabriele Ciminelli and published by International Monetary Fund. This book was released on 2018-08-16 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labor market deregulation, intended to boost productivity and employment, is one plausible, yet little studied, driver of the decline in labor shares that took place across most advanced economies since the early 1990s. This paper assesses the impact of job protection deregulation in a sample of 26 advanced economies over the period 1970-2015, using a newly constructed dataset of major reforms to employment protection legislation for regular contracts. We apply the local projection method to estimate the dynamic response of the labor share to our reform events at both the country and the country-industry levels. For the latter, we employ a differences-in-differences identification strategy using two identifying assumptions grounded in theory—namely that job protection deregulation should have larger negative effects in industries characterized by (i) a higher “natural” propensity to adjust the workforce, and (ii) a lower elasticity of substitution between capital and labor. We find a statistically significant, economically large and robust negative effect of deregulation on the labor share. In particular, illustrative back-of-the-envelope calculations suggest that job protection deregulation may have contributed about 15 percent to the average labor share decline in advanced economies. Together with existing evidence regarding the macroeconomic gains from job protection and other labor market reforms, our results also point to the need for policymakers to address efficiency-equity trade-offs when designing such reforms.
Book Synopsis Labour Market Deregulation by : Russell D. Lansbury
Download or read book Labour Market Deregulation written by Russell D. Lansbury and published by Federation Press. This book was released on 2005 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Keith Hancock is honoured and celebrated in this work, following the significant contributions he made not only to academic research and teaching, but also to the practice of industrial relations, through the various roles he held as Professor, Vice-Chancellor, Senior Deputy President of the Australian Industrial Relations Commission and author of major government reviews and inquiries.The workshop held in his honour included a number of commentators. More specifically, the following issues arising from the papers were actively debated:Whether a decentralised and less regulated labour marketing is a necessary condition for meeting the requirements of global competition The effects of labour market deregulation on employment and the nature of employment on income distribution on wage inequality, on productivity, on work stress and on job satisfaction The consequences of labour market deregulation for Australians' work/care regime The impact of labour market deregulation on trade unions Whether macro-economic, policy has been unduly restrained by the risk of inflation in a deregulated labour market How labour market deregulation has affected industrial relations as a field of study and research, and How the nature of rights and obligations of employers, employees and unions have been affected by the changes in labour market regulation. Contributors include Keith Hancock, Ron McCallum, Barbara Pocock, Peter Saunders, Ron Callus, Sue Richardson, RG Gregory, Rae Cooper and Willy Brown.
Book Synopsis Labour Market Deregulation by : Keith Norris
Download or read book Labour Market Deregulation written by Keith Norris and published by . This book was released on 1986-01-01 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Job Protection Deregulation in Good and Bad Times by : Mr.Romain A Duval
Download or read book Job Protection Deregulation in Good and Bad Times written by Mr.Romain A Duval and published by International Monetary Fund. This book was released on 2017-12-14 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores the short-term employment effect of deregulating job protection for regular workers and how it varies with prevailing business cycle conditions. We apply a local projection method to a newly constructed “narrative” dataset of major regular job protection reforms covering 26 advanced economies over the past four decades. The analysis relies on country-sector-level data, using as an identifying assumption the fact that stringent dismissal regulations are more binding in sectors that are characterized by a higher “natural” propensity to regularly adjust their workforce. We find that the responses of sectoral employment to large job protection deregulation shocks depend crucially on the state of the economy at the time of reform——they are positive in an expansion, but become negative in a recession. These findings are consistent with theory, and are robust to a broad range of robustness checks including an Instrumental Variable approach using political economy drivers of reforms as instruments. Our results provide a case for undertaking job protection reform in good times, or for designing it in ways that enhance its short-term impact.
Download or read book Labour Market Deregulation written by and published by . This book was released on 1997 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Regional Labour Markets During Deregulation in Indonesia by : Chris Manning
Download or read book Regional Labour Markets During Deregulation in Indonesia written by Chris Manning and published by World Bank Publications. This book was released on 1997 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Labor Market and Economic Adjustment by : Pierre-Richard Agénor
Download or read book The Labor Market and Economic Adjustment written by Pierre-Richard Agénor and published by International Monetary Fund. This book was released on 1995-11-01 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on economic flexibility and the channels through which labor market imperfections alter the effects of structural adjustment measures are discussed next. The last part of the paper identifies a variety of issues that may require further investigation, such as the link between changes in relative wages and the distributional effects of adjustment policies.
Book Synopsis The Case for Further Deregulation of the Labour Market by : Des Moore
Download or read book The Case for Further Deregulation of the Labour Market written by Des Moore and published by . This book was released on 1998 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:
