Authors
Alzate, David, Carranza, Eliana, Duran-Franch, Joana, Packard, Truman, Proffen, Celina
Related Organizations
- Citation
- “ Alzate, David ; Carranza, Eliana ; Duran-Franch, Joana ; Packard, Truman ; Proffen, Celina . 2024 . How Regulations Impact the Labor Market: A Review of the Literatures on Product and Labor Market Regulations . Policy Research Working Paper; 10961 . © Washington, DC: World Bank . http://hdl.handle.net/10986/42368 License: CC BY 3.0 IGO . ”
- Collection(s)
- Policy Research Working Papers
- DOI
- http://dx.doi.org/10.1596/1813-9450-10961
- Identifier externaldocumentum
- 34412657
- Identifier internaldocumentum
- 34412657
- Pages
- 93
- Published in
- United States of America
- RelationisPartofseries
- Policy Research Working Paper; 10961
- Report
- WPS10961
- Rights
- CC BY 3.0 IGO
- Rights Holder
- World Bank
- Rights URI
- https://creativecommons.org/licenses/by/3.0/igo/
- UNIT
- People - SP Global Engagement (HSPGE)
- URI
- https://hdl.handle.net/10986/42368
- date disclosure
- 2024-11-06
- region geographical
- World
Files
Table of Contents
- Introduction 6
- Methodology 9
- Product Market Regulations 11
- How Do Product Market Regulations Affect Workers? 11
- Promoting Contestable Markets 15
- Pro-competitive Product Market Regulation in General 15
- Lowering Entry Barriers and Delicensing 20
- Liberalizing Markets to Trade and Foreign Participation 23
- Distortionary Governmental Policies and Practices 26
- Antitrust Law and its Enforcement 27
- Synthesis of PMR Promoting Contestable Markets 28
- Liberalizing Firm Operation 29
- The Special Role of Upstream Sector Regulations 31
- Regulations Affecting Firm Ownership Structures 33
- Distortionary Product Market Regulations 34
- Synthesis of PMR Liberalizing Firm Operation 37
- Labor Market Regulations 37
- How Do Labor Market Regulations Affect Workers? 37
- Minimum Wage 40
- Minimum Wage: Impact on Living Standards 41
- Minimum Wage: Impact on Productivity 50
- Minimum Wage: Impact on Social Cohesion 51
- Employment Protection Legislation 52
- Employment Protection Legislation: Impact on Living Standards 54
- Employment Protection Legislation: Impact on Productivity 56
- Unions and Collective Bargaining 57
- Unions and Collective Bargaining: Impact on Living Standards 60
- Unions and Collective Bargaining: Impact on Social Cohesion 62
- Mandated Benefits 64
- Unemployment Insurance: Impact on Living Standards 65
- Unemployment Insurance: Impact on Productivity 69
- Unemployment Insurance: Impact on Social Cohesion 69
- Pension System: Impact on Living Standards 69
- Pension System: Impact on Productivity 71
- Paid Family Leave: Impact on Living Standards 72
- Paid Family Leave: Impact on Productivity 72
- Interaction between PMR and LMR 73
- Conclusion 80