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dc.titleLabor Market Reforms and Their Impact on Formal Labor Demand and Job Market Turnover: The Case of Peru
dc.contributor.authorSaavedra-ChanduvĂ­, Jaime
dc.contributor.authorTorero, Máximo
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.coveragePeru
dc.date.available2011-09-23T00:00:00
dc.date.issue2000-05-01T00:00:00
dc.description.abstractThis paper analyzes the effects of several aspects of labor legislation that were modified through successive waves of reform since 1991. Firing costs diminished sharply through the progressive elimination of job security regulations, the introduction of temporary contracts and changes in the severance payment structure. Simultaneously, non-wage labor costs increased. This paper assesses the effect of these changes on the level of formal employment, the effect of regulations changes on turnover, and compares employment duration data for the formal and informal sectors using empirical hazards and parametric estimations of hazard functions.
dc.format.extent48
dc.identifier.doihttp://dx.doi.org/10.18235/0011243
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Labor-Market-Reforms-and-Their-Impact-on-Formal-Labor-Demand-and-Job-Market-Turnover-The-Case-of-Peru.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectLabor Policy
dc.subjectWorkforce and Employment
dc.subject.keywordslabor supply;labor demand;labor turnover;job security;labor law
dc.typeWorking Papers
idb.identifier.pubnumberWorking Papers
idb.operationNot available
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