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How Regulations Impact the Labor Market: A Review of the Literatures on Product and Labor Market Regulations

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Date
2024-11-06
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2024-11-06
Author(s)
Alzate, David
Carranza, Eliana
Duran-Franch, Joana
Proffen, Celina
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Abstract
This paper provides an extensive review of the literatures on product and labor market regulations and their effects on labor market outcomes. It uncovers the interdependence of these two types of regulations, an area that has received limited attention in research. The paper highlights why understanding the intricate relationship between product and labor market regulations is crucial for effective policy making and advancement of labor market conditions. The findings strongly discourage adopting uniform policies and advocate for tailored approaches to labor market promotion.
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Alzate, David; Carranza, Eliana; Duran-Franch, Joana; Packard, Truman; Proffen, Celina. 2024. How Regulations Impact the Labor Market: A Review of the Literatures on Product and Labor Market Regulations. Policy Research Working Paper; 10961. © World Bank. http://hdl.handle.net/10986/42368 License: CC BY 3.0 IGO.
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