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Law and Employment
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Law and Employment: Lessons from Latin America and the Caribbean

James J. Heckman and Carmen Pages

Abstract

This book analyzes the effects of regulation and deregulation on Latin American labor markets and presents empirically grounded studies of the costs of regulation. Numerous labor regulations that have been introduced or reformed in Latin America in the past thirty years have had important economic consequences. The book documents the behavior of firms attempting to stay in business and be competitive while facing the high costs of complying with these labor laws. They challenge the prevailing view that labor market regulations affect only the distribution of labor incomes and have little or no ... More

Keywords: Latin America, labor markets, labor regulation, labor incomes, turnover rates, inequality, marginal workers, deregulation, Europe, United States

Bibliographic Information

Print publication date: 2004 Print ISBN-13: 9780226322827
Published to Chicago Scholarship Online: March 2013 DOI:10.7208/chicago/9780226322858.001.0001

Authors

Affiliations are at time of print publication.

James J. Heckman, editor

Carmen Pages, editor

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