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Labor Market Regulations in Low-, Middle- and High-Income Countries: A New Panel Database
Author: Mr. Martin Schindler and Ms. Mariya Aleksynska
Series:
IMF Working Papers
Volume/Issue:
Volume 2011: Issue 154
Language:
English
Publication Date:
01 Jul 2011
DOI:
https://doi.org/10.5089/9781455290673.001
ISBN:
9781455290673
ISSN:
1018-5941
Pages:
76
Keywords:
WP; minimum wage; unemployment benefit; wage; labor market; country; unemployment insurance; minimum wages; unemployment benefit systems; gross replacement rate; benefit coverage; advance notice; severance payment; OECD country; OECD database; severance pay; coverage ratio; descriptive statistics; DB database; wage data; benefit recipient; UI benefit; Wages; Labor market regulations; Labor market institutions; Labor markets; Central Asia; North America; Asia and Pacific; Western Europe; East Asia
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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This paper documents a new database of labor market regulations during 1980-2005 in 91 countries, including low-, middle- and high-income countries, and contains information on unemployment insurance systems, minimum wage regulations, and employment protection legislation. In this paper, we provide details regarding the data, methodology and sources. Descriptive statistics indicate that there exists substantial heterogeneity in labor market institutions across regions and income groupings, and that much of the sample variation is driven by institutional changes over time in low- and middle-income countries. All indicators are at an annual frequency, allowing for the dating of major changes in regulation, and are based on data from a variety of sources, including the ILO, OECD and national agencies.
Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund