Publication:
Pending Issues in Protection, Productivity Growth, and Poverty Reduction

dc.contributor.authorArias, Omar
dc.contributor.authorBlom, Andreas
dc.contributor.authorBosch, Mariano
dc.contributor.authorCunningham, Wendy
dc.contributor.authorFiszbein, Ariel
dc.contributor.authorLopez Acevedo, Gladys
dc.contributor.authorMaloney, William
dc.contributor.authorSaavedra, Jaime
dc.contributor.authorSanchez-Paramo, Carolina
dc.contributor.authorSantamaria, Mauricio
dc.contributor.authorSiga, Lucas
dc.contributor.authorArias, Omar
dc.date.accessioned2012-06-20T18:43:07Z
dc.date.available2012-06-20T18:43:07Z
dc.date.issued2005-12
dc.description.abstractThis paper selectively synthesizes much of the research on Latin American and Caribbean labor markets in recent years. Several themes emerge that are particularly relevant to ongoing policy dialogues. First, labor legislation matters, but markets may be less segmented than previously thought. The impetus to voluntary informality, which appears to be a substantial fraction of the sector, implies that the design of social safety nets and labor legislation needs to take a more integrated view of the labor market, taking into account the cost-benefit analysis workers and firms make about whether to interact with formal institutions. Second, the impact of labor market institutions on productivity growth has probably been underemphasized. Draconian firing restrictions increase litigation and uncertainty surrounding worker separations, reduce turnover and job creation, and poorly protect workers. But theory and anecdotal evidence also suggest that they, and other related state or union induced rigidities, may have an even greater disincentive effect on technological adoption, which accounts for half of economic growth. Finally, institutions can affect poverty and equity, although the effects seem generally small and channels are not always clear. Overall, the present constellation of labor regulations serves workers and firms poorly and both could benefit from substantial reform.en
dc.identifierhttp://documents.worldbank.org/curated/en/2005/12/6479817/pending-issues-protection-productivity-growth-poverty-reduction
dc.identifier.doi10.1596/1813-9450-3799
dc.identifier.urihttps://hdl.handle.net/10986/8551
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 3799
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACTIVE LABOR
dc.subjectACTIVE LABOR MARKET
dc.subjectACTIVE LABOR MARKET POLICIES
dc.subjectADJUSTMENT PROCESS
dc.subjectADVERSE IMPACTS
dc.subjectAGED WORKERS
dc.subjectAGGREGATE EMPLOYMENT
dc.subjectAVERAGE PRODUCTIVITY
dc.subjectCAREERS
dc.subjectCOLLECTIVE BARGAINING
dc.subjectCOMPETITIVENESS
dc.subjectDECISION MAKING
dc.subjectDISCOURAGED WORKERS
dc.subjectDISCUSSIONS
dc.subjectDISMISSAL
dc.subjectDISMISSALS
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC INSECURITY
dc.subjectECONOMIC SITUATION
dc.subjectECONOMIES OF SCALE
dc.subjectELASTICITY
dc.subjectEMPLOYEE
dc.subjectEMPLOYMENT CREATION
dc.subjectEMPLOYMENT EFFECTS
dc.subjectEMPLOYMENT GROWTH
dc.subjectEMPLOYMENT PROTECTION LEGISLATION
dc.subjectEMPLOYMENT RATE
dc.subjectEXPORTS
dc.subjectFIRING
dc.subjectFIRING COST
dc.subjectFIRING COSTS
dc.subjectFIRING RESTRICTIONS
dc.subjectFIRM LEVEL
dc.subjectFOREIGN COMPETITION
dc.subjectGDP
dc.subjectHIGH UNEMPLOYMENT
dc.subjectHIRING
dc.subjectHOUSEHOLD INCOME
dc.subjectHOUSEHOLD SURVEYS
dc.subjectHUMAN CAPITAL
dc.subjectHUMAN RESOURCES
dc.subjectINCOME DISTRIBUTION
dc.subjectINCOME SECURITY
dc.subjectINDIGENOUS WORKERS
dc.subjectINDUSTRIAL RELATIONS
dc.subjectINFLATION RATES
dc.subjectINFORMAL EMPLOYMENT
dc.subjectINFORMAL LABOR MARKET
dc.subjectINFORMAL SECTOR
dc.subjectINFORMAL SECTOR WORKERS
dc.subjectJOB CREATION
dc.subjectJOB DESTRUCTION
dc.subjectJOB SEARCH
dc.subjectJOB TRAINING
dc.subjectJOBLESS GROWTH
dc.subjectJOBS
dc.subjectLABOR CODES
dc.subjectLABOR CONTRACT
dc.subjectLABOR FORCE
dc.subjectLABOR FORCE PARTICIPATION
dc.subjectLABOR LEGISLATION
dc.subjectLABOR MARKET
dc.subjectLABOR MARKET INDICATORS
dc.subjectLABOR MARKET INSTITUTIONS
dc.subjectLABOR MARKET OUTCOMES
dc.subjectLABOR MARKET POLICY
dc.subjectLABOR MARKET RIGIDITIES
dc.subjectLABOR MARKETS
dc.subjectLABOR ORGANIZATION
dc.subjectLABOR PRODUCTIVITY
dc.subjectLABOR REGULATION
dc.subjectLABOR REGULATIONS
dc.subjectLABOR TURNOVER
dc.subjectLATIN AMERICAN
dc.subjectLONG-TERM UNEMPLOYMENT
dc.subjectMARGINAL PRODUCT
dc.subjectMEDICAL CARE
dc.subjectMINIMUM WAGE
dc.subjectMINIMUM WAGES
dc.subjectMORAL HAZARD
dc.subjectMORTALITY
dc.subjectNET EMPLOYMENT
dc.subjectNON-WAGE COSTS
dc.subjectOPEN ECONOMIES
dc.subjectOPPORTUNITY COST
dc.subjectPOLITICAL ECONOMY
dc.subjectPRIMARY SOURCE
dc.subjectPRIVATE SERVICES
dc.subjectPRODUCTIVITY EFFECTS
dc.subjectPRODUCTIVITY GAINS
dc.subjectPRODUCTIVITY GROWTH
dc.subjectPRODUCTIVITY INCREASES
dc.subjectPRODUCTIVITY LEVELS
dc.subjectPROTECTING WORKERS
dc.subjectREAL WAGES
dc.subjectSAFETY NET
dc.subjectSAFETY NETS
dc.subjectSALARIED EMPLOYMENT
dc.subjectSALARIED WORKERS
dc.subjectSELF EMPLOYED
dc.subjectSELF EMPLOYED WORKERS
dc.subjectSELF EMPLOYMENT
dc.subjectSEVERANCE PAYMENTS
dc.subjectSKILL ACCUMULATION
dc.subjectSMALL BUSINESS
dc.subjectSOCIAL PROTECTION
dc.subjectSOCIAL SECURITY
dc.subjectSTRUCTURAL UNEMPLOYMENT
dc.subjectTEMPORARY JOBS
dc.subjectTOTAL COSTS
dc.subjectTRADE LIBERALIZATION
dc.subjectTRADE REFORMS
dc.subjectTRAINING PROGRAMS
dc.subjectUNEMPLOYED
dc.subjectUNEMPLOYED WORKERS
dc.subjectUNEMPLOYMENT COMPENSATION
dc.subjectUNEMPLOYMENT DURATION
dc.subjectUNEMPLOYMENT INSURANCE
dc.subjectUNEMPLOYMENT INSURANCE PROGRAM
dc.subjectUNEMPLOYMENT RATE
dc.subjectUNEMPLOYMENT RATES
dc.subjectUNEMPLOYMENT SPELLS
dc.subjectUNIONS
dc.subjectUNSKILLED WORKERS
dc.subjectWAGE GAINS
dc.subjectWAGE GAP
dc.subjectWAGE GROWTH
dc.subjectWORK IN PROGRESS
dc.subjectWORK ยท MEASUREMENT
dc.subjectWORKER
dc.subjectWORKERS
dc.subjectWORKING
dc.subjectYOUNG WORKERS
dc.subjectYOUTH UNEMPLOYMENT
dc.titlePending Issues in Protection, Productivity Growth, and Poverty Reductionen
dspace.entity.typePublication
okr.crosscuttingsolutionareaJobs
okr.crossref.titlePending Issues In Protection, Productivity Growth, And Poverty Reduction
okr.date.doiregistration2025-04-10T10:14:17.091025Z
okr.date.doiregistration2025-05-20T02:24:01.058467Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2005/12/6479817/pending-issues-protection-productivity-growth-poverty-reduction
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeSocial Protection and Labor
okr.guid416481468269683498
okr.identifier.doi10.1596/1813-9450-3799
okr.identifier.externaldocumentum000016406_20051215160437
okr.identifier.internaldocumentum6479817
okr.identifier.reportWPS3799
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2005/12/15/000016406_20051215160437/Rendered/PDF/wps3799.pdfen
okr.region.administrativeLatin America & Caribbean
okr.topicEconomic Theory and Research
okr.topicSocial Protections and Labor::Labor Management and Relations
okr.topicSocial Protections and Labor::Labor Markets
okr.topicWork and Working Conditions
okr.topicSocial Protections and Labor::Labor Standards
okr.topicMacroeconomics and Economic Growth
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
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