The Quality of the Legal System and Labor Market Performance around the World

Research output: Working paper

  • 2 Citations

Abstract

Using data on 75 countries for six years in the period 1995 to 2003, this paper analyzes empirically whether and to what extent the quality of the legal system affects the performance of the labor market. According to the regression results, a legal system characterized by a dependent judiciary, biased courts, a lack of intellectual property protection and a lack of integrity increases unemployment and lowers the employment level. The magnitude of the effect seems to be substantial, particularly among young people.
LanguageEnglish
Place of PublicationBath, U. K.
PublisherDepartment of Economics, University of Bath
StatusPublished - 2009

Publication series

NameBath Economics Research Working Papers
No.12/09

Fingerprint

legal system
labor market
lack
judiciary
intellectual property
performance
integrity
unemployment
regression

Keywords

  • unemployment
  • employment
  • rule of law
  • legal system

Cite this

Feldmann, H. (2009). The Quality of the Legal System and Labor Market Performance around the World. (Bath Economics Research Working Papers; No. 12/09). Bath, U. K.: Department of Economics, University of Bath.

The Quality of the Legal System and Labor Market Performance around the World. / Feldmann, Horst.

Bath, U. K. : Department of Economics, University of Bath, 2009. (Bath Economics Research Working Papers; No. 12/09).

Research output: Working paper

Feldmann, H 2009 'The Quality of the Legal System and Labor Market Performance around the World' Bath Economics Research Working Papers, no. 12/09, Department of Economics, University of Bath, Bath, U. K.
Feldmann H. The Quality of the Legal System and Labor Market Performance around the World. Bath, U. K.: Department of Economics, University of Bath. 2009, (Bath Economics Research Working Papers; 12/09).
Feldmann, Horst. / The Quality of the Legal System and Labor Market Performance around the World. Bath, U. K. : Department of Economics, University of Bath, 2009. (Bath Economics Research Working Papers; 12/09).
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