We explore the interaction between labour market reforms and financial frictions. Our study combines a new cross-country reform database on labour market reforms with matched firm-bank data for nine euro area countries over the period 1999 to 2013. While we find that labour market reforms are...

We offer new evidence on the real effects of credit shocks in the presence of employment protection regulations by exploiting a unique provision in Spanish labor laws: dismissal rules are less stringent for Spanish firms with fewer than 50 employees, lowering the cost of hiring new workers....

This report consists of a comprehensive overview of labour market institutions in the small Pacific island countries in order to propose recommendations to improve the performance of their labour markets. We pay particular attention to three countries: Fiji, Palau and Papua New Guinea. We focus...

We offer new evidence on the real effects of credit shocks in the presence of employment protection regulations by exploiting a unique provision in Spanish labor laws: dismissal rules are less stringent for Spanish firms with fewer than 50 employees, lowering the cost of hiring new workers....

Recently, there has been an effort to construct more qualitative indicators to measure international labour standards. These indicators include grading by experts, coding of legislation and other textual sources. This paper uses normative indicators to construct country profiles that help to map...

The term 'fissured workplace' has been coined by David Weil to describe fundamental changes in the organisation of work arising from firms' competitive strategies in the 21st century. As Weil put it, fissurisation refers to 'both a form of employment (for example, temporary agency employment;...

This article examines employment quality and labor market segmentation in Argentina. The labor market in the country is marked by heterogeneity; the rate of informal employment is high, though it diminished significantly during the 2003-2011 period. This document analyzes the major changes that...

Originally, anchoring labour rights to the existence of a personal relationship of subordination was functional to prevent the greater bargaining strength of the employed being disproportionately reflected in the terms and conditions regulating the provision of labour. This does not seem anymore...

This study empirically examines diffusion of labor standards from origin to host countries by investigating whether better labor standards of MNCs’ origin countries are correlated with higher wages of workers in host countries in Africa. MNCs originating from countries with more rights of...