uu.seUppsala University Publications
Change search
ReferencesLink to record
Permanent link

Direct link
What do labor market institutions do?
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
2014 (English)In: Labour Economics, ISSN 0927-5371, Vol. 30, no SI, 62-69 p.Article in journal (Refereed) Published
Abstract [en]

The past couple of decades have seen a huge increase in research on various labor market institutions. This paper offers a brief overview and discussion of research on the labor market impacts of minimum wages (MW), unemployment insurance (UI), and employment protection legislation (EPL). It is argued that research on UI is largely a success story, involving a fruitful interplay between search theory and empirical work. This research has established that UI matters for labor market behavior, in particular the duration of unemployment, although there remains substantial uncertainty about the magnitudes of the effects. The research on MW should have shaken economists' belief in the competitive labor market model as a result of frequent failures to find noticeable employment effects despite considerable effects on wages. EPL research has established that employment protection reduces labor and job turnover but the jury is still out regarding the impact on overall employment and productivity.

Place, publisher, year, edition, pages
2014. Vol. 30, no SI, 62-69 p.
National Category
Research subject
URN: urn:nbn:se:uu:diva-235810DOI: 10.1016/j.labeco.2014.06.007ISI: 000345180700014OAI: oai:DiVA.org:uu-235810DiVA: diva2:762236
Available from: 2014-11-11 Created: 2014-11-11 Last updated: 2015-01-05Bibliographically approved

Open Access in DiVA

No full text

Other links

Publisher's full text

Search in DiVA

By author/editor
Holmlund, Bertil
By organisation
Department of Economics
In the same journal
Labour Economics

Search outside of DiVA

GoogleGoogle Scholar
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

Altmetric score

Total: 181 hits
ReferencesLink to record
Permanent link

Direct link