Labour market institutions without blinders

Labour market institutions without blinders

by Richard B. Freeman

2005
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"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"--National Bureau of Economic Research web site.

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