Deregulation of Labor and Unemployment Markets in Advanced Capitalist Economies

Vol. 20 No. 4 (2000)

Oct-Dec / 2000
Published October 1, 2000
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Lima, Luiz Antônio de Oliveira. 2000. “Deregulation of Labor and Unemployment Markets in Advanced Capitalist Economies”. Brazilian Journal of Political Economy 20 (4):521-41. https://doi.org/10.1590/0101-31572000-1226.

Deregulation of Labor and Unemployment Markets in Advanced Capitalist Economies

Luiz Antônio de Oliveira Lima
Professor do Departamento de Economia da Fundação Getúlio Vargas, São Paulo/SP, Brasil.
Brazilian Journal of Political Economy, Vol. 20 No. 4 (2000), Oct-Dec / 2000, Pages 521-541

Abstract

The aim of this research is to discuss the relevance of micro and macroeconomic
factors as the determinants of the present level of unemployment in some advanced capitalist economies. Through these results it will be possible to determine the importance of the conventional hypothesis that high levels of unemployment can be explained by the rigidities in the labor market as well as its policy implications.

JEL Classification: J65; J81; J31.


Keywords: Unemployment deregulation wage rigidity