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Labor Market Protections and Unemployment: Does the IMF Have a Case?

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Publication Date: November 2003

Publisher(s): Center for Economic and Policy Research

Author(s): Dean Baker; John Schmitt

Topic: Labor (Employment and labor supply)

Keywords: Labor markets; Unemployment insurance; Wage inequality

Type: Report

Coverage: Europe


This paper examines the IMF’s argument (in World Economic Outlook, April 2003) that labor-market protections are responsible for the high unemployment rates in many European economies.