Skip to Main Content

Law and Employment: Lessons from Latin America and the Caribbean

Online ISBN:
9780226322858
Print ISBN:
9780226322827
Publisher:
University of Chicago Press
Book

Law and Employment: Lessons from Latin America and the Caribbean

James J. Heckman (ed.),
James J. Heckman
(ed.)
Find on
Published online:
21 March 2013
Published in print:
1 October 2004
Online ISBN:
9780226322858
Print ISBN:
9780226322827
Publisher:
University of Chicago Press

Abstract

This book analyzes the effects of regulation and deregulation on Latin American labor markets and presents empirically grounded studies of the costs of regulation. Numerous labor regulations that have been introduced or reformed in Latin America in the past thirty years have had important economic consequences. The book documents the behavior of firms attempting to stay in business and be competitive while facing the high costs of complying with these labor laws. They challenge the prevailing view that labor market regulations affect only the distribution of labor incomes and have little or no impact on efficiency or the performance of labor markets. Using new micro-evidence, this book shows that labor regulations reduce labor market turnover rates and flexibility, promote inequality, and discriminate against marginal workers. Along with in-depth studies of Colombia, Peru, Brazil, Argentina, Chile, Uruguay, Jamaica, and Trinidad, this book provides comparative analysis of Latin American economies against a range of European countries and the United States.

Contents
Close
This Feature Is Available To Subscribers Only

Sign In or Create an Account

Close

This PDF is available to Subscribers Only

View Article Abstract & Purchase Options

For full access to this pdf, sign in to an existing account, or purchase an annual subscription.

Close