How comparable are labor demand elasticities across countries?
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Author
Contributions
- Malloney, William F. 1959- - Contributor
- World Bank. Latin America and the Caribbean Regional Office. Poverty Reduction and Economic Management Unit. - Contributor
Publication
2001 - World Bank, Latin America and the Caribbean Region, Poverty Reduction and Economic Management Sector Unit, Washington, D.C, District of Columbia
Language
English
Word Count
0 words, Guess
Page Count
0 pages
Physical Format
Electronic resource
Identifiers
- Library of Congress Control Number2002615962
- Open LibraryOL3669161M
Classifications
- LCCHG3881.5.W57
Description
Even accounting for the large variance induced by different estimation techniques, one probably cannot say much about the flexibility of different labor markets based on comparisons of the estimated elasticity of demand. Colombia, for example, which has severe restrictions on firing workers, has much higher long-run wage elasticities than Chile, which has no such restrictions.
Subjects
Topics
Labor demandLabor marketLabor supplyLabor market -- ChileLabor supply -- MexicoLabor demand -- MexicoElasticity (Economics)Labor market -- ColombiaLabor demand -- ColombiaElasticity (Economics) -- ChileElasticity (Economics) -- MexicoElasticity (Economics) -- Colombia
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