Labor Market Policies and Employment Duration: The Effects of Labor Market Reform in Argentina
Over the last few years, the debate on labor market reform has been at the center of economic policy debate in Argentina. One of the major targets of the attack on labor market regulation has been high dismissal costs. Attempts to reduce dismissal costs for all existing jobs have faced strong opposition. As a compromise, and to stimulate job creation, employment promotion contracts for new jobs were introduced in 1995. These contracts are limited to a fixed term ranging from three months to two years. There is a growing concern about the volatility of these temporary jobs, referred to as junk contracts, and a predominant view that they tend to generate excessive turnover. This paper studies the effect of this reform on job duration. The main findings are that the reform generated an overall increase in the hazard rate, and particularly so for the first three months of employment.
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Format: | Working Papers biblioteca |
Language: | English |
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Inter-American Development Bank
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Subjects: | Labor Policy, Workforce and Employment, job creation;labor market, |
Online Access: | http://dx.doi.org/10.18235/0011244 https://publications.iadb.org/en/labor-market-policies-and-employment-duration-effects-labor-market-reform-argentina |
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dig-bid-node-107082024-05-30T20:25:17ZLabor Market Policies and Employment Duration: The Effects of Labor Market Reform in Argentina 2001-02-01T00:00:00+0000 http://dx.doi.org/10.18235/0011244 https://publications.iadb.org/en/labor-market-policies-and-employment-duration-effects-labor-market-reform-argentina Inter-American Development Bank Labor Policy Workforce and Employment job creation;labor market Over the last few years, the debate on labor market reform has been at the center of economic policy debate in Argentina. One of the major targets of the attack on labor market regulation has been high dismissal costs. Attempts to reduce dismissal costs for all existing jobs have faced strong opposition. As a compromise, and to stimulate job creation, employment promotion contracts for new jobs were introduced in 1995. These contracts are limited to a fixed term ranging from three months to two years. There is a growing concern about the volatility of these temporary jobs, referred to as junk contracts, and a predominant view that they tend to generate excessive turnover. This paper studies the effect of this reform on job duration. The main findings are that the reform generated an overall increase in the hazard rate, and particularly so for the first three months of employment. Inter-American Development Bank Hugo A. Hopenhayn Working Papers application/pdf IDB Publications Argentina en |
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Labor Policy Workforce and Employment job creation;labor market Labor Policy Workforce and Employment job creation;labor market Inter-American Development Bank Labor Market Policies and Employment Duration: The Effects of Labor Market Reform in Argentina |
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Over the last few years, the debate on labor market reform has been at the center of economic policy debate in Argentina. One of the major targets of the attack on labor market regulation has been high dismissal costs. Attempts to reduce dismissal costs for all existing jobs have faced strong opposition. As a compromise, and to stimulate job creation, employment promotion contracts for new jobs were introduced in 1995. These contracts are limited to a fixed term ranging from three months to two years. There is a growing concern about the volatility of these temporary jobs, referred to as junk contracts, and a predominant view that they tend to generate excessive turnover. This paper studies the effect of this reform on job duration. The main findings are that the reform generated an overall increase in the hazard rate, and particularly so for the first three months of employment. |
author2 |
Hugo A. Hopenhayn |
author_facet |
Hugo A. Hopenhayn Inter-American Development Bank |
format |
Working Papers |
topic_facet |
Labor Policy Workforce and Employment job creation;labor market |
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Inter-American Development Bank |
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Inter-American Development Bank |
title |
Labor Market Policies and Employment Duration: The Effects of Labor Market Reform in Argentina |
title_short |
Labor Market Policies and Employment Duration: The Effects of Labor Market Reform in Argentina |
title_full |
Labor Market Policies and Employment Duration: The Effects of Labor Market Reform in Argentina |
title_fullStr |
Labor Market Policies and Employment Duration: The Effects of Labor Market Reform in Argentina |
title_full_unstemmed |
Labor Market Policies and Employment Duration: The Effects of Labor Market Reform in Argentina |
title_sort |
labor market policies and employment duration: the effects of labor market reform in argentina |
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Inter-American Development Bank |
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http://dx.doi.org/10.18235/0011244 https://publications.iadb.org/en/labor-market-policies-and-employment-duration-effects-labor-market-reform-argentina |
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AT interamericandevelopmentbank labormarketpoliciesandemploymentdurationtheeffectsoflabormarketreforminargentina |
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1809106837632450560 |