Labor Market Policy: A Comparative View on the Costs and Benefits of Labor Market Flexibility

By Lawrence M. Kahn. Social Science Research Network, 2010

158 citations recorded by the source corpus.

I review theories and evidence on labor market policies and institutions in an international context. These include collective bargaining, minimum wages, employment protection laws, unemployment insurance (UI), mandated parental leave, and active labor market policies. Scandinavia and Central Europe follow more interventionist policies than Canada, the UK and the US. Vulnerability to external market forces and ethnic homogeneity may explain such differences. While the interventionist model appears to reduce wage inequality and raise job security for incumbent workers, it also often relegates new entrants (disproportionately women, youth and immigrants) and the less skilled to temporary jobs or unemployment.

Subfields: Economics and Econometrics, General Health Professions, Political Science and International Relations

View Paper: https://www.semanticscholar.org/paper/829f218f136ccf64618786a07514b17e189d14b5

How researchers see this paper

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In Economics and Econometrics

  1. Jan Bernhardt
  2. J. Allmendinger
  3. Lena Hipp

In General Health Professions

  1. Jan Bernhardt
  2. J. Allmendinger
  3. Lena Hipp

In Political Science and International Relations

  1. Jan Bernhardt
  2. J. Allmendinger
  3. Lena Hipp

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