Download now Free registration required
This paper reviews what economists have learned about the impact of labor market institutions, defined broadly as government regulations and union activity on labor outcomes in developing countries. Some of them are labor institutions vary greatly among developing countries but less than they vary among advanced countries. Many developing countries compliance with minimum wage regulations produce spikes in wage distributions around the minimum in covered sectors. In many countries minimum wages "Spill-over" to the unregulated sector, producing spikes in the wage distributions there as well. The informal sector increased its share of the work force in the developing world in the past two decades.
- Format: PDF
- Size: 274.23 KB