Labor market flexibility and job security measures in a global economy: New challenges ahead

Marshall, Ray; Van Adams, Arvil

dc.creator	Marshall, Ray
dc.creator	Van Adams, Arvil
dc.date	2016-05-09
dc.date.accessioned	2019-04-02T13:58:42Z
dc.date.available	2019-04-02T13:58:42Z
dc.identifier	https://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/40938
dc.identifier.uri	http://revistaschilenas.uchile.cl/handle/2250/2788
dc.description	Measures assuring job security are sought by workers and their representatives to protect themselves against economic fluctuations and the loss of jobs and incomes. In sectors of an economy that require a skilled workforce employers are often willing to provide promises of job security in exchange for lower labor turnover to protect investments in the skills of their workers, facilitate internal flexibility, and improve labor relations. This contractual exchange serves the interest of both parties and when achieved in a market setting enhances economic behavior. Governments, on the other hand, are also interested in job security as an instrument of social policy to address market failures and equity concerns. Public interventions to stabilize employment can force firms to become more efficient by focusing adjustment on productivity instead of wages or they can threaten the efficient operation of labor markets by introducing uncertainty and raising labor costs.	en-US
dc.format	text/html
dc.language	eng
dc.publisher	Departamento de Economía - Facultad de Economía y Negocios, Universidad de Chile.	en-US
dc.relation	https://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/40938/43779
dc.source	Estudios de Economía; Vol 21 No 3 (1994): November; pp. 147-176	en-US
dc.source	Estudios de Economía; Vol 21 No 3 (1994): November; pp. 147-176	es-ES
dc.source	0718-5286
dc.source	0304-2758
dc.title	Labor market flexibility and job security measures in a global economy: New challenges ahead	en-US
dc.title	Labor market flexibility and job security measures in a global economy: New challenges ahead	es-ES
dc.type	info:eu-repo/semantics/article
dc.type	info:eu-repo/semantics/publishedVersion

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Estudios de Economía
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