Who Benefits from Labor Market Regulations? Chile 1960-1998
Economists have examined the impact of labor market regulations on the level of employment. However, there are many reasons to suspect that the impact of regulations differs across types of workers. In this paper we take advantage of the unusual large variance in labor policy in Chile to exa mine how different labor market regulations affect the distribution of employment and the employment rates across age, gender and skill levels. To this effect, we use a sample of repeated cross-section household surveys spanning the period 1960-1998 and measures of the evolution of job security provisions and minimum wages across time. Our results suggest large distribution effects. We find that employment security provisions and minimum wages reduce the share of youth and unskilled employment as well as their employment rates. We also find large effects on the distribution of employment between women and men.
Montenegro, Claudio, and Carmen Pages. "Who Benefits from Labor Market Regulations? Chile 1960-1998." in Labor Markets and Institutions, edition 1, volume 8, chapter 4, p. 77-114, edited by Jorge Restrepo, Andrea Tokman R. and Norman Loayza, Central Bank of Chile
Who Benefits from Labor Market Regulations? Chile, 1960-1998, Claudio E. Montenegro, Carmen Pagés. in Law and Employment: Lessons from Latin America and the Caribbean, Heckman and Pagés. 2004