26 Pages Posted: 2 Jun 2005
Date Written: May 2005
The debate over the influence of labour market flexibility on performance is unlikely to be settled by additional studies using aggregate data and making cross-country comparisons. While this approach holds little promise, micro-analysis of workers and firms and increased use of experimental methods represent a path forward. Steps along this path could help end the current 'lawyer's case' empiricism in which priors dominate evidence.
JEL Classification: J0
Suggested Citation: Suggested Citation
Freeman, Richard B., Labour Market Institutions Without Blinders: The Debate over Flexibility and Labour Market Performance (May 2005). NBER Working Paper No. W11286. Available at SSRN: https://ssrn.com/abstract=716282
By David Coe