Labour Market Institutions Without Blinders: The Debate over Flexibility and Labour Market Performance
NBER Working Paper No. 11286
The debate over the influence of labour market flexibility on performance is unlikely to be settled by additional studies using aggregate data and making cross-country comparisons. While this approach holds little promise, micro-analysis of workers and firms and increased use of experimental methods represent a path forward. Steps along this path could help end the current 'lawyer's case' empiricism in which priors dominate evidence.
Published: Richard Freeman, 2005. "Labour market institutions without blinders: The debate over flexibility and labour market performance," International Economic Journal, Korean International Economic Association, vol. 19(2), pages 129-145, June.