Social exclusion is closely linked with many economic problems in Latin America, as it prevents people from reaching their full productive potential -in turn constraining growth and revenues- and makes them more likely to incur public health and social service costs. Who's In and Who's Out...

Social exclusion is closely linked with many economic problems in Latin America, as it prevents people from reaching their full productive potential -in turn constraining growth and revenues- and makes them more likely to incur public health and social service costs. Who's In and Who's Out...

Openness to international competition can lead to enhanced resource allocation in the end. While factor reallocation is essential if net benefits are to be derived from trade liberalization, the process generates costs both for transitioning workers and for employers undergoing personnel...

Economists have examined the impact of labor market regulations on the level of employment. But there are many reasons to suspect that the impact of regulations differs across types of workers. In this paper the authors take advantage of the unusually large variance in labor policy in Chile to...

This paper examines the economic effects of employment protection legislation in a sample of developed and developing countries. By implementing a difference-in-differences test, we lessen the potentially severe endogeneity and omitted variable problems associated with cross-country regressions....

Using data on more than 56,000 enterprises in 90 countries, this study finds that objective conditions in the business environment vary substantially across firms of different sizes and that there are important nonlinearities in their impact on employment growth. The study focuses on four areas:...