Showing 1 - 10 of 18
Legal rules governing the employer-employee relationship are many and varied. Economic analysis has illuminated both the efficiency and the effects on employee welfare of such rules, as described in this paper. Topics addressed include workplace safety mandates, compensation systems for...
Persistent link: https://www.econbiz.de/10012465423
Implementation of workplace policies--whether through enforcement of laws or administration of programs--raises the question of the interaction between institutions created to carry out laws and the activities of workplace based agents that directly (e.g. unions) or indirectly (e.g. insurance...
Persistent link: https://www.econbiz.de/10012469135
By the time Congress passed the 1964 Civil Rights Act, 98 percent of non-southern blacks (40 percent of all blacks) were already covered by state-level 'fair employment' laws which prohibited labor market discrimination. This paper assesses the impact of fair employment legislation on black...
Persistent link: https://www.econbiz.de/10012470414
Prevailing wage laws, which require that construction workers employed by private contractors on public projects be paid at least the wages and benefits that are "prevailing" for similar work in or near the locality in which the project is located, have been the focus of an extensive policy...
Persistent link: https://www.econbiz.de/10012471329
In Lazear's (1979) model of efficient long-term incentive contracts, employers impose involuntary retirement based on age. This model implies that age discrimination laws, which bar involuntary terminations based on age, discourage the use of such contracts and reduce efficiency. Alternatively,...
Persistent link: https://www.econbiz.de/10012472726
This paper reviews some recent empirical analyses of the impact of affirmative action and anti-discrimination law on employment and productivity.The major findings are that:1)Affirmative action has some success in improving employment opportunities for minorities and females, particularly for...
Persistent link: https://www.econbiz.de/10012477334
This paper summarizes the main lessons learned from Law and Employment: Lessons from Latin America and the Caribbean, a forthcoming NBER book. It places Latin American economies and economic policies in a world context. The paper quantifies the cost of regulation in Latin America and OECD Europe...
Persistent link: https://www.econbiz.de/10012468565
British Master and Servant law made employee contract breach a criminal offense until 1875. We develop a contracting model generating equilibrium contract breach and prosecutions, then exploit exogenous changes in output prices to examine the effects of labor demand shocks on prosecutions....
Persistent link: https://www.econbiz.de/10012461607
Using plant-level data from the Annual Survey of Industries (ASI) for the fiscal years from 1998-99 through 2007-08, this study provides plant-level cross-state/time-series evidence of the impact of employment protection legislation (EPL) on total factor productivity (TFP) and labor productivity...
Persistent link: https://www.econbiz.de/10012460964
"This paper reviews the literature on employment and labor law. It is observed that all jurisdictions in the world have extensive employment and labor law, even though many economists recommend a reduction in legal restrictions. The review of the law illustrates that it has evolved in response...
Persistent link: https://www.econbiz.de/10012454965