In Peru, as in many other developing countries, employers have the legal obligation to compensate workers who are dismissed through no fault of their own. Is this an efficient mechanism for providing income...
Public sector downsizing: an introduction, by Martin Rama. Cross-country evidence on public sector retrenchment, by John Haltiwanger and Manisha Singh. The efficient mechanism for downsizing the public...
The authors use the 1994 Living Standards Measurement Survey to show that the impact of labor market regulations, namely mandated benefits, is mitigated by reducing the base earnings on which they are...