Regulatory Reform And Labor Markets

Author : James Peoples
Publisher : Springer Science & Business Media
Page : 399 pages
File Size : 53,9 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9789401148566

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Regulatory Reform and Labor Markets by James Peoples Pdf

Regulatory reform represents a major shift in the government's role toward price determination in the transportation and telecommunication industries. The resulting policy emphasizes dependence on market forces to set prices and to encourage efficient production techniques. While extensive research investigates the influence of deregulation on prices, profits and productivity, the effect on labor markets has not received the same scrutiny. Firms in these industries are of major importance to business operations in other industries because they provide the critical services of transporting goods and transmitting information. This may partly explain such extensive research on the product market aspects of regulatory reform. Examining labor markets in the transportation and telecommunications industries is also highly warranted, as historically these industries represented some of the most heavily unionized sectors in the economy. The extent to which regulatory reform has encouraged product market competition may not necessarily result in the same degree of competition across industries. Regulatory Reform and Labor Markets debates the notion that research on regulatory reform and labor markets should develop within the framework of the competitive model. This is achieved by presenting diverging views on wage and employment determination in distinctly different deregulated industries.

Author : James Peoples,Wayne K Talley
Publisher : Elsevier
Page : 244 pages
File Size : 50,8 Mb
Release : 2004-11-08
Category : Business & Economics
ISBN : 0762308915

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Transportation Labor Issues and Regulatory Reform by James Peoples,Wayne K Talley Pdf

Regulatory reform in the late 1970s and early 1980s vastly transformed the labor market for transportation workers. Most research in this area focuses on the effect of deregulation on the earnings of nonmanagement company workers in airline, trucking and rail. Deregulation of transportation industries, though, has had a broader effect on workers. For instance, deregulation also influences workers' hours worked per week, working conditions, worker safety, and a host of other labor issues. Deregulation might also influence the earnings of managers and self-employed workers in transportation industries. Examining these issues is valuable because such analysis provides a more complete assessment of labor market changes following the shift to a more market oriented business environment. Transportation Labor Issues and Regulatory Reform adds to the debate on deregulation's influence on transportation labor markets by presenting empirical evidence on an array of labor market outcomes in transportation industries. Contributions to this volume are categorized by their analysis on worker safety, working conditions and employment opportunities, and by their analysis on managerial and self-employed earnings

Author : Jamie Peck
Publisher : Guilford Press
Page : 346 pages
File Size : 51,6 Mb
Release : 1996-04-06
Category : Business & Economics
ISBN : 1572300442

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Work-place by Jamie Peck Pdf

Challenging the prevailing idea that labor markets are governed by universal economic processes, this significant work argues instead that labor markets develop in tandem with social and political institutions, and thus function in locally specific ways. Focusing on the complex social processes that lie at the heart of the labor market, the author offers a provocative new perspective and proposes new ways of conducting research in the area.

Author : OECD
Publisher : OECD Publishing
Page : 57 pages
File Size : 53,9 Mb
Release : 1997-09-03
Category : Electronic
ISBN : 9789264189751

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The OECD Report on Regulatory Reform Synthesis Report by OECD Pdf

This book shows hows how regulatory reform has produced substantial economic and social benefits for citizens by enhancing competition and reducing regulatory costs.

Author : Mr.Romain A Duval,Davide Furceri,João Tovar Jalles
Publisher : International Monetary Fund
Page : 31 pages
File Size : 48,5 Mb
Release : 2021-02-26
Category : Business & Economics
ISBN : 9781513570747

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Labor and Product Market Reforms and External Imbalances: Evidence from Advanced Economies by Mr.Romain A Duval,Davide Furceri,João Tovar Jalles Pdf

We explore the impact of major labor and product market reforms on current account dynamics using a new “narrative” database of major changes in employment protection for regular workers and product market regulation for non-manufacturing industries covering 26 advanced economies over the past four decades. Our main finding is that product market deregulation is associated with a weakening of the current account, while labor market deregulation is associated with an improvement. These effects are transitory and driven by both saving and investment responses. Labor and product market reforms both have a more positive impact on the current account balance when implemented under weak macroeconomic conditions. Our results are broadly consistent with predictions from recent DSGE models with endogenous producer entry and labor market frictions.

Author : Tompson William
Publisher : OECD Publishing
Page : 501 pages
File Size : 48,8 Mb
Release : 2009-08-24
Category : Electronic
ISBN : 9789264073111

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The Political Economy of Reform Lessons from Pensions, Product Markets and Labour Markets in Ten OECD Countries by Tompson William Pdf

By looking at 20 reform efforts in ten OECD countries, this report examines why some reforms are implemented and other languish.

Author : Nancy L. Rose
Publisher : University of Chicago Press
Page : 619 pages
File Size : 49,8 Mb
Release : 2014-08-29
Category : Business & Economics
ISBN : 9780226138169

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Economic Regulation and Its Reform by Nancy L. Rose Pdf

The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.

Author : Mr.Romain A Duval,Davide Furceri,Bingjie Hu,João Tovar Jalles,Huy Nguyen
Publisher : International Monetary Fund
Page : 98 pages
File Size : 49,8 Mb
Release : 2018-01-25
Category : Business & Economics
ISBN : 9781484339299

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A Narrative Database of Major Labor and Product Market Reforms in Advanced Economies by Mr.Romain A Duval,Davide Furceri,Bingjie Hu,João Tovar Jalles,Huy Nguyen Pdf

This paper describes a new database of major labor and product market reforms covering 26 advanced economies over the period 1970-2013. The focus is on large changes in product market regulation in seven individual network industries, employment protection legislation for regular and temporary workers, and the replacement rate and duration of unemployment benefits. The main advantage of this dataset is the precise identification of the nature and date of major reforms, which is valuable in many empirical applications. By contrast, the dataset does not attempt to measure and compare policy settings across countries, and as such is no substitute for other publicly available indicators produced, for example, by the ILO, the OECD or the World Bank. It should also be seen as work in progress, for researchers to build on and improve upon. Based on the dataset, major reforms appear to have been more frequent in product markets than in labor markets in the last decades, and were predominantly implemented during the 1990s and 2000s.

Author : Robert William Hahn
Publisher : A E I Press
Page : 144 pages
File Size : 52,8 Mb
Release : 2000
Category : Business & Economics
ISBN : STANFORD:36105110310666

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Reviving Regulatory Reform by Robert William Hahn Pdf

"Hahn argues that the forces of globalization, increases in average wealth, and our growing understanding of regulatory impacts will dramatically alter the nature of regulation in the years ahead. We are likely to see more economic deregulation and more social regulation. The increase in economic deregulation is likely to be good for the average citizen, while the changes in social regulation will have both advantages and disadvantages. In general, regulation will become more effective as human beings develop regulatory institutions that are better suited to their economic and social needs. The news, he concludes, is not all good from an economic standpoint, but the general direction of the change is quite positive."--Jacket.

Author : Giampaolo Galli,Jacques Pelkmans
Publisher : Edward Elgar Publishing
Page : 552 pages
File Size : 49,9 Mb
Release : 2000-01-01
Category : Political Science
ISBN : 1782541802

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Regulatory Reform and Competitiveness in Europe: Horizontal issues by Giampaolo Galli,Jacques Pelkmans Pdf

Throughout the book the authors aim to show how the market can function more efficiently and offer policy recommendations to show how regulatory reform can improve competitiveness at the firm level as well as performance at the industry, national and EU levels.

Author : Organisation for Economic Co-operation and Development
Publisher : Organisation de coopération et de développement économiques
Page : 76 pages
File Size : 51,6 Mb
Release : 1997
Category : Administrative procedure
ISBN : UGA:32108028150970

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Rapport de l'OCDE sur la réforme de la réglementation by Organisation for Economic Co-operation and Development Pdf

Author : Tito Boeri
Publisher : International Monetary Fund
Page : 40 pages
File Size : 45,8 Mb
Release : 2005-05
Category : Business & Economics
ISBN : UCSD:31822030952360

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Reforming Labor and Product Markets by Tito Boeri Pdf

This paper evaluates European structural reforms over the last 20 years, in light of economic theory predictions about interactions between labor and product market reforms. Reforms in labor markets occur at higher frequencies than in product market, which are, however, more coherent. These asymmetries can be explained by the nature of political obstacles to reforms in the two domains. Labor market reforms can exploit institutional trade-offs; notably, reforms can trade labor market flexibility with state-provided unemployment insurance and can be applied only to new entrants in the market without affecting the set of regulations applied to existing workers. These two-tier strategies are infeasible in product markets, since incumbent firms can easily drive away new entrants. In product markets, however, it is possible to shift responsibilities to supranational authorities, resisting pressures of national lobbies.

Author : Jürgen Weller,United Nations. Economic Commission for Latin America and the Caribbean
Publisher : United Nations Publications
Page : 228 pages
File Size : 42,9 Mb
Release : 2001
Category : Business & Economics
ISBN : UCSD:31822029884756

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Economic Reforms, Growth and Employment by Jürgen Weller,United Nations. Economic Commission for Latin America and the Caribbean Pdf

In the last ten to fifteen years, profound structural reforms have moved Latin America and the Caribbean from closed, state-dominated economies to ones that are more market-oriented and open. Policymakers expected that these changes would speed up growth. This book is part of a multi-year project to determine whether these expectation have been fulfilled. Analysing the impact of the reforms on employment it is argued that expectations were not fulfilled with respect to the operation of the labour markets. The reforms limited the expansion of employment in some sectors, particularly in tradeable goods. They also created a bias in labour demad for better educated workers which exacerbates inequality. It is thus made clear that the region faces major challenges both in increasing the number of jobs and improving job equality.

Author : OECD
Publisher : OECD Publishing
Page : 91 pages
File Size : 54,6 Mb
Release : 2012-01-16
Category : Electronic
ISBN : 9789264167179

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Measuring Regulatory Performance A Practitioner's Guide to Perception Surveys by OECD Pdf

This guide helps officials use perception surveys for evaluating and communicating progress in regulatory reform. It explains the challenges involved in the design and use of business and citizen perception surveys – and ways to overcome them.

Author : Mr. Romain A Duval,Mr. Ippei Shibata
Publisher : International Monetary Fund
Page : 39 pages
File Size : 48,8 Mb
Release : 2021-06-11
Category : Business & Economics
ISBN : 9781513584478

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Labor Market Reform Options to Boost Employment in South Africa by Mr. Romain A Duval,Mr. Ippei Shibata Pdf

Raising South Africa’s low employment rate to levels seen in emerging market or advanced economy peers could raise GDP per capita by 50 to 60 percent and reduce income inequality dramatically in the long term. By putting further strain on an already fragile labor market, Covid-19 has raised the urgency of action. This paper reviews labor market policy and other reform options to enhance South Africa’s job market performance, drawing from international evidence and new analysis. We find much scope for improving the design of key labor market institutions—including collective bargaining and employment protection legislation—and active labor market policies to improve job seekers’ prospects. These reforms should come hand-in-hand with others, such as in the areas of education or product market regulation, that may work pay. Labor market and other reforms would primarily benefit disadvantaged groups such as youth.