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dc.contributor.authorAlesina, Albertoen_US
dc.contributor.authorAlgan, Yannen_US
dc.contributor.authorCahuc, Pierreen_US
dc.contributor.authorGiuliano, Paolaen_US
dc.date.accessioned2010-03-09en_US
dc.date.accessioned2010-07-07T12:01:39Z-
dc.date.available2010-07-07T12:01:39Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/35835-
dc.description.abstractFlexible labor markets require geographically mobile workers to be efficient. Otherwise, firms can take advantage of the immobility of workers and extract monopsony rents. In cultures with strong family ties, moving away from home is costly. Thus, individuals with strong family ties rationally choose regulated labor markets to avoid moving and limiting the monopsony power of firms, even though regulation generates lower employment and income. Empirically, we do find that individuals who inherit stronger family ties are less mobile, have lower wages, are less often employed and support more stringent labor market regulations. There are also positive cross-country correlations between the strength of family ties and labor market rigidities. Finally, we find positive correlations between labor market rigidities at the beginning of the twenty first century and family values prevailing before World War II, which suggests that labor market regulations have deep cultural roots.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesIZA Discussion Papers 4747en_US
dc.subject.jelE0en_US
dc.subject.jelP16en_US
dc.subject.jelZ10en_US
dc.subject.jelZ13en_US
dc.subject.ddc330en_US
dc.subject.keywordFamily valuesen_US
dc.subject.keywordlabor regulationen_US
dc.subject.stwArbeitnehmerschutzen_US
dc.subject.stwArbeitsmarktflexibilisierungen_US
dc.subject.stwFamiliensoziologieen_US
dc.subject.stwSoziale Werteen_US
dc.subject.stwArbeitsmobilitäten_US
dc.subject.stwWelten_US
dc.titleFamily values and the regulation of laboren_US
dc.typeWorking Paperen_US
dc.identifier.ppn620649321en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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