How comparable are labor demand elasticities across countries? Pablo Fajnzylber, William F. Maloney Maloney, William F

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Author
Maloney, William F
Subjects
Labor demand - Colombia.; Elasticity (Economics) - Colombia.; Labor demand - Chile.
Summary
Even accounting for the large variance induced by different estimation techniques, one probably cannot say much about the flexibility of different labor markets based on comparisons of the estimated elasticity of demand. Colombia, for example, which has severe restrictions on firing workers, has much higher long-run wage elasticities than Chile, which has no such restrictions.
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http://trove.nla.gov.au/work/154644
Work ID
154644

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