Designing labor market institutions

dc.contributor.authorBlanchard, Olivier 
dc.date.accessioned2019-11-01T00:02:53Z
dc.date.available2019-11-01T00:02:53Z
dc.date.issued2005
dc.descriptionThere is fairly wide agreement among economists on what constitutes optimal—or at least good—product market and financial market institutions. There is much less agreement on what constitutes optimal—or at least good—labor market institutions. As a result, the public debate is too often dominated by clichés and slogans. “Get rid of labor market rigidities” is one of the most frequent. Meanwhile, policymakers focus on politically feasible, incremental reforms, with little sense of the ultimate goal. Economists could play a more useful role here. This is why Jean Tirole and I decided to explore the optimal design of labor market institutions. This paper represents a progress report. It gives a sense of the general architecture we see coming out of our analysis.
dc.file.nameBCCh-sbc-v08-p367_381
dc.format.pdf
dc.format.extentSección o Parte de un Documento
dc.format.mediump. 367-381
dc.identifier.isbn956-7421-20-X
dc.identifier.urihttps://hdl.handle.net/20.500.12580/3689
dc.language.isoeng
dc.publisherBanco Central de Chile
dc.relation.ispartofSeries on Central Banking, Analysis, and Economic Policies, no. 8
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 Chile*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/cl/*
dc.subjectMERCADO LABORALes_ES
dc.titleDesigning labor market institutions
dc.type.docArtículo

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