Across the world, governments use minimum wages, employment protection legislation, and other labor regulations that define the legal boundaries of employment to manage potential labor market imperfections. These imperfections include information asymmetry, uneven market power between employers and employees, discrimination by employers, and incomplete markets for unemployment insurance and insurance for other work-related risks. Labor regulations...
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2022/06/24
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139208
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2022/06/24
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Balancing Workers' Protection and Labor Market Flexibility in China
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Balancing Workers' Protection and Labor Market Flexibility in China (Chinese). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/979791637057217391