International differences in wage and nonwage labor costs (English)

The ratio of nonwage labor costs (for social security, pensions, vacation days, severence compensation, and the like) to direct wage costs is proportionately higher in Europe and Latin America than in Asia and Africa - largely because workers there are protected more by regulations. The distortionary growth of labor costs because of increasing nonwage costs is not common in the LDCs however. The author of this paper found that international differences...

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Author

Riveros,Luis Alfredo;
Document Date
1989/04/30
Document Type
Policy Research Working Paper
Report Number
WPS188
Volume No
1
Total Volume(s)
1
Disclosure Date
2010/07/01
Doc Name
International differences in wage and nonwage labor costs
Keywords
degree of government intervention

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Citation

Riveros,Luis Alfredo.

International differences in wage and nonwage labor costs (English). Policy, Planning and Research Department working papers ; no. WPS 188 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/328631468765273823

International differences in wage and nonwage labor costs (English)

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