Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/206580 
Year of Publication: 
2019
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 57v2 [Publisher:] Institute of Labor Economics (IZA) [Place:] Bonn [Year:] 2019
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
Governments regulate employment to protect workers and improve labor market efficiency. But, regulations, such as minimum wages and job security rules, can be controversial. Thus, decisions on setting employment regulations should be based on empirical evidence of their likely impacts. Research suggests that most countries set regulations in the appropriate range. But this is not always the case and it can be costly when countries over- or underregulate their labor markets. In developing countries, effective regulation also depends on enforcement and education policies that will increase compliance.
Subjects: 
labor market regulation
job security
minimum wage
Persistent Identifier of the first edition: 
Document Type: 
Article

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