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dc.contributor.authorAlesina, Albertoen
dc.contributor.authorAlgan, Yannen
dc.contributor.authorCahuc, Pierreen
dc.contributor.authorGiuliano, Paolaen
dc.date.accessioned2010-03-09-
dc.date.accessioned2010-07-07T12:01:39Z-
dc.date.available2010-07-07T12:01:39Z-
dc.date.issued2010-
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
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x4747en
dc.subject.jelE0en
dc.subject.jelP16en
dc.subject.jelZ10en
dc.subject.jelZ13en
dc.subject.ddc330en
dc.subject.keywordFamily valuesen
dc.subject.keywordlabor regulationen
dc.subject.stwArbeitnehmerschutzen
dc.subject.stwArbeitsmarktflexibilisierungen
dc.subject.stwFamiliensoziologieen
dc.subject.stwSoziale Werteen
dc.subject.stwArbeitsmobilitäten
dc.subject.stwWelten
dc.titleFamily values and the regulation of labor-
dc.type|aWorking Paperen
dc.identifier.ppn620649321en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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