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THE FLEXIBILITY DEMANDS OF GLOBALIZED LABOR MARKETS: ACTIVE LABOR MARKET POLICIES IN A FLEXICURITY SYSTEM

THE FLEXIBILITY DEMANDS OF GLOBALIZED LABOR MARKETS: ACTIVE LABOR MARKET POLICIES IN A... This paper presents a review of the literature on negative impacts of labor regulation, the economic effects of labor laws, the role of labor regulations in improving workers’ welfare, the risks workers encounter in the labor market, and the potential benefits of labor regulation. This paper aims to analyze and discuss institutionalized patterns of labor market and occupational entry, new challenges for labor market regulation, the way labor laws interact with the economy, the operation of labor laws, and the economic impact of labor legislation. The mainstay of the paper is formed by an analysis of the different roles skills can play in the labor market, connections between skill acquisition and occupational labor markets, and the deregulation of the labor market in the developed world. JEL Classification: R23, F16, J21 Keywords: labor regulation, occupational entry, flexicurity system http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Economics, Management, and Financial Markets Addleton Academic Publishers

THE FLEXIBILITY DEMANDS OF GLOBALIZED LABOR MARKETS: ACTIVE LABOR MARKET POLICIES IN A FLEXICURITY SYSTEM

Economics, Management, and Financial Markets , Volume 6 (3): 191-196 – Jan 1, 2012

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Publisher
Addleton Academic Publishers
Copyright
© 2009 Addleton Academic Publishers
ISSN
1842-3191
eISSN
1938-212X
Publisher site
See Article on Publisher Site

Abstract

This paper presents a review of the literature on negative impacts of labor regulation, the economic effects of labor laws, the role of labor regulations in improving workers’ welfare, the risks workers encounter in the labor market, and the potential benefits of labor regulation. This paper aims to analyze and discuss institutionalized patterns of labor market and occupational entry, new challenges for labor market regulation, the way labor laws interact with the economy, the operation of labor laws, and the economic impact of labor legislation. The mainstay of the paper is formed by an analysis of the different roles skills can play in the labor market, connections between skill acquisition and occupational labor markets, and the deregulation of the labor market in the developed world. JEL Classification: R23, F16, J21 Keywords: labor regulation, occupational entry, flexicurity system

Journal

Economics, Management, and Financial MarketsAddleton Academic Publishers

Published: Jan 1, 2012

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