Labor Market Regulations and Outcomes in Sweden : A Comparative Analysis of Recent Trends

This paper analyzes recent trends in Swedens labor market regulations in relation to comparator economies and examines the relationship between labor market regulations and outcomes. The paper finds that the Swedish labor market responded more rapi...

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Bibliographic Details
Main Authors: Ulku, Hulya, Muzi, Silvia
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2015
Subjects:
JOB
Online Access:http://documents.worldbank.org/curated/en/2015/04/24261201/labor-market-regulations-outcomes-sweden-comparative-analysis-recent-trends
http://hdl.handle.net/10986/21843
id okr-10986-21843
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic JOBS
EMPLOYMENT
INDUSTRIAL RELATIONS
EMPLOYMENT RATE
LABOR MARKET POLICY
PRODUCTIVITY LEVELS
LABOUR OFFICE
PASSIVE LABOR
SEVERANCE PAYMENTS
PRODUCT MARKET
COLLECTIVE AGREEMENTS
SKILLED WORKERS
ENTREPRENEURIAL ACTIVITIES
PREVIOUS SECTION
INFORMAL SECTOR
LABOR LAW
MINIMUM WAGE
COLLECTIVE DISMISSALS
PART-TIME EMPLOYMENT
EMPLOYMENT OPPORTUNITIES
AGE GROUP
LABOR FORCE
JOB
LABOR MARKET REGULATION
LABOR ECONOMICS
LABOUR DEMAND
WAGE DETERMINATION
FIRM SIZE
EMPLOYMENT RATES
ACTIVE LABOUR MARKET POLICIES
PERMANENT JOB
REAL WAGES
TEMPORARY WORKERS
LABOR MARKET POLICIES
JOB PERFORMANCE
ACTIVE LABOR
DRIVERS
ACTIVE” LABOR
WORK EXPERIENCE
SMALL BUSINESS
LABOR MARKET
BARGAINING SYSTEM
LABOR MARKET REFORM
STABLE JOBS
LABOR COSTS
LABOR MARKET REFORMS
REGULAR CONTRACTS
EMPLOYMENT LEVELS
SEVERANCE PAYMENT
SKILLED EMPLOYEES
FIRM LEVEL
BARGAINING POWER
FIRING COSTS
WORKER
PASSIVE LABOR MARKET PROGRAMS
INCOME INEQUALITY
ADJUSTMENT COSTS
ACTIVE LABOR MARKET
LABOR UNIONS
ACTIVE” LABOR MARKET
LABOR PRODUCTIVITY
PRODUCT MARKET REGULATIONS
UNEMPLOYED
JOB LOSS
LABOUR LAW
OLDER WORKERS
WAGE DISPERSION
RIGID LABOR MARKET
UNEMPLOYMENT INSURANCE
LABOR
TOTAL EMPLOYMENT
JOB SEARCH
LABOR REGULATION
LONG-TERM EMPLOYMENT
WAGE INCREASE
LONG-TERM UNEMPLOYMENT
REGULAR WORKERS
MINIMUM WAGES
ACTIVE LABOR MARKET POLICIES
UNEMPLOYMENT
ECONOMIC REGULATIONS
LABOR COST
PRODUCTIVITY GROWTH
HUMAN CAPITAL
WORKERS
UNION DENSITY
WAGE BARGAINING
LABOR MARKET CONDITIONS
LABOR MARKET PROGRAMS
YOUNG WORKERS
ACTIVE LABOUR MARKET
LABOR LAWS
UNEMPLOYMENT RATE
EMPLOYMENT PROTECTION LEGISLATION
REAL WAGE
ACTIVE LABOR MARKET PROGRAMS
LABOR MARKET SEGMENTATION
WAGE INEQUALITY
LABOUR REALLOCATION
JOB TURNOVER
ACTIVE LABOUR
LABOR MARKET FUNCTIONS
LABOUR MARKET POLICY
AGE GROUPS
LABOUR MARKET
SAFETY NET
PERMANENT EMPLOYMENT
LABOR MARKET INSTITUTIONS
FIRM PERFORMANCE
LABOR MARKET OUTCOMES
JOB CREATION
EMPLOYMENT GROWTH
LABOR RELATIONS
PRIVATE SECTOR
PERFORMANCE’ MANAGEMENT
LABOR MOBILITY
COLLECTIVE BARGAINING
DISADVANTAGED POSITION
MANAGEMENT
EMPLOYER CONTRIBUTIONS
LABOR ORGANIZATION
PRODUCTIVITY LEVEL
SERVICE SECTORS
TEMPORARY JOBS
DISMISSAL
LABOUR FORCE
LABOUR MARKET POLICIES
WORKING CONDITIONS
PERMANENT JOBS
LABOR MARKET REGULATIONS
PRODUCT MARKETS
EMPLOYEE
LABOR SUPPLY
WAGE EFFECTS
HIGH UNEMPLOYMENT
EMPLOYMENT OUTLOOK
INFORMAL EMPLOYMENT
UNSKILLED WORKERS
UNEMPLOYMENT BENEFITS
JOB SECURITY
LABOUR
LABOR MARKETS
TEMPORARY EMPLOYMENT
LOW EMPLOYMENT
STRUCTURAL UNEMPLOYMENT
SMALL BUSINESSES
LABOR REGULATIONS
EMPLOYEES
spellingShingle JOBS
EMPLOYMENT
INDUSTRIAL RELATIONS
EMPLOYMENT RATE
LABOR MARKET POLICY
PRODUCTIVITY LEVELS
LABOUR OFFICE
PASSIVE LABOR
SEVERANCE PAYMENTS
PRODUCT MARKET
COLLECTIVE AGREEMENTS
SKILLED WORKERS
ENTREPRENEURIAL ACTIVITIES
PREVIOUS SECTION
INFORMAL SECTOR
LABOR LAW
MINIMUM WAGE
COLLECTIVE DISMISSALS
PART-TIME EMPLOYMENT
EMPLOYMENT OPPORTUNITIES
AGE GROUP
LABOR FORCE
JOB
LABOR MARKET REGULATION
LABOR ECONOMICS
LABOUR DEMAND
WAGE DETERMINATION
FIRM SIZE
EMPLOYMENT RATES
ACTIVE LABOUR MARKET POLICIES
PERMANENT JOB
REAL WAGES
TEMPORARY WORKERS
LABOR MARKET POLICIES
JOB PERFORMANCE
ACTIVE LABOR
DRIVERS
ACTIVE” LABOR
WORK EXPERIENCE
SMALL BUSINESS
LABOR MARKET
BARGAINING SYSTEM
LABOR MARKET REFORM
STABLE JOBS
LABOR COSTS
LABOR MARKET REFORMS
REGULAR CONTRACTS
EMPLOYMENT LEVELS
SEVERANCE PAYMENT
SKILLED EMPLOYEES
FIRM LEVEL
BARGAINING POWER
FIRING COSTS
WORKER
PASSIVE LABOR MARKET PROGRAMS
INCOME INEQUALITY
ADJUSTMENT COSTS
ACTIVE LABOR MARKET
LABOR UNIONS
ACTIVE” LABOR MARKET
LABOR PRODUCTIVITY
PRODUCT MARKET REGULATIONS
UNEMPLOYED
JOB LOSS
LABOUR LAW
OLDER WORKERS
WAGE DISPERSION
RIGID LABOR MARKET
UNEMPLOYMENT INSURANCE
LABOR
TOTAL EMPLOYMENT
JOB SEARCH
LABOR REGULATION
LONG-TERM EMPLOYMENT
WAGE INCREASE
LONG-TERM UNEMPLOYMENT
REGULAR WORKERS
MINIMUM WAGES
ACTIVE LABOR MARKET POLICIES
UNEMPLOYMENT
ECONOMIC REGULATIONS
LABOR COST
PRODUCTIVITY GROWTH
HUMAN CAPITAL
WORKERS
UNION DENSITY
WAGE BARGAINING
LABOR MARKET CONDITIONS
LABOR MARKET PROGRAMS
YOUNG WORKERS
ACTIVE LABOUR MARKET
LABOR LAWS
UNEMPLOYMENT RATE
EMPLOYMENT PROTECTION LEGISLATION
REAL WAGE
ACTIVE LABOR MARKET PROGRAMS
LABOR MARKET SEGMENTATION
WAGE INEQUALITY
LABOUR REALLOCATION
JOB TURNOVER
ACTIVE LABOUR
LABOR MARKET FUNCTIONS
LABOUR MARKET POLICY
AGE GROUPS
LABOUR MARKET
SAFETY NET
PERMANENT EMPLOYMENT
LABOR MARKET INSTITUTIONS
FIRM PERFORMANCE
LABOR MARKET OUTCOMES
JOB CREATION
EMPLOYMENT GROWTH
LABOR RELATIONS
PRIVATE SECTOR
PERFORMANCE’ MANAGEMENT
LABOR MOBILITY
COLLECTIVE BARGAINING
DISADVANTAGED POSITION
MANAGEMENT
EMPLOYER CONTRIBUTIONS
LABOR ORGANIZATION
PRODUCTIVITY LEVEL
SERVICE SECTORS
TEMPORARY JOBS
DISMISSAL
LABOUR FORCE
LABOUR MARKET POLICIES
WORKING CONDITIONS
PERMANENT JOBS
LABOR MARKET REGULATIONS
PRODUCT MARKETS
EMPLOYEE
LABOR SUPPLY
WAGE EFFECTS
HIGH UNEMPLOYMENT
EMPLOYMENT OUTLOOK
INFORMAL EMPLOYMENT
UNSKILLED WORKERS
UNEMPLOYMENT BENEFITS
JOB SECURITY
LABOUR
LABOR MARKETS
TEMPORARY EMPLOYMENT
LOW EMPLOYMENT
STRUCTURAL UNEMPLOYMENT
SMALL BUSINESSES
LABOR REGULATIONS
EMPLOYEES
Ulku, Hulya
Muzi, Silvia
Labor Market Regulations and Outcomes in Sweden : A Comparative Analysis of Recent Trends
geographic_facet Europe and Central Asia
Sweden
relation Policy Research Working Paper;No. 7229
description This paper analyzes recent trends in Swedens labor market regulations in relation to comparator economies and examines the relationship between labor market regulations and outcomes. The paper finds that the Swedish labor market responded more rapidly to the recent global financial crisis than the majority of the European Union economies, which helped Sweden to recover quickly. Swedens hiring regulations are more flexible than those of many comparator economies, however, fixed-term contracts of short duration might have adverse consequences for the economy. In addition, Swedens regulations on work during the weekly holidays and mandatory paid annual leave are stricter than those of the majority of comparator economies. Moreover, among the economies of the Organisation for Economic Co-operation and Development, Sweden has one of the largest differences in employment protection between permanent and temporary employees, which could lead to a segmented labor market, where insiders enjoy high job security and outsiders are largely marginalized. This could be cause for concern, given that Sweden has a higher share of involuntary temporary workers among youth and involuntary part-time workers than both the Nordic and European Union averages. While protecting employees is important, excessive protection, particularly if it differs across different types of employment contracts, has been shown to have adverse effects on welfare and economic performance.
format Working Paper
author Ulku, Hulya
Muzi, Silvia
author_facet Ulku, Hulya
Muzi, Silvia
author_sort Ulku, Hulya
title Labor Market Regulations and Outcomes in Sweden : A Comparative Analysis of Recent Trends
title_short Labor Market Regulations and Outcomes in Sweden : A Comparative Analysis of Recent Trends
title_full Labor Market Regulations and Outcomes in Sweden : A Comparative Analysis of Recent Trends
title_fullStr Labor Market Regulations and Outcomes in Sweden : A Comparative Analysis of Recent Trends
title_full_unstemmed Labor Market Regulations and Outcomes in Sweden : A Comparative Analysis of Recent Trends
title_sort labor market regulations and outcomes in sweden : a comparative analysis of recent trends
publisher World Bank, Washington, DC
publishDate 2015
url http://documents.worldbank.org/curated/en/2015/04/24261201/labor-market-regulations-outcomes-sweden-comparative-analysis-recent-trends
http://hdl.handle.net/10986/21843
_version_ 1764449411970105344
spelling okr-10986-218432021-04-23T14:04:05Z Labor Market Regulations and Outcomes in Sweden : A Comparative Analysis of Recent Trends Ulku, Hulya Muzi, Silvia JOBS EMPLOYMENT INDUSTRIAL RELATIONS EMPLOYMENT RATE LABOR MARKET POLICY PRODUCTIVITY LEVELS LABOUR OFFICE PASSIVE LABOR SEVERANCE PAYMENTS PRODUCT MARKET COLLECTIVE AGREEMENTS SKILLED WORKERS ENTREPRENEURIAL ACTIVITIES PREVIOUS SECTION INFORMAL SECTOR LABOR LAW MINIMUM WAGE COLLECTIVE DISMISSALS PART-TIME EMPLOYMENT EMPLOYMENT OPPORTUNITIES AGE GROUP LABOR FORCE JOB LABOR MARKET REGULATION LABOR ECONOMICS LABOUR DEMAND WAGE DETERMINATION FIRM SIZE EMPLOYMENT RATES ACTIVE LABOUR MARKET POLICIES PERMANENT JOB REAL WAGES TEMPORARY WORKERS LABOR MARKET POLICIES JOB PERFORMANCE ACTIVE LABOR DRIVERS ACTIVE” LABOR WORK EXPERIENCE SMALL BUSINESS LABOR MARKET BARGAINING SYSTEM LABOR MARKET REFORM STABLE JOBS LABOR COSTS LABOR MARKET REFORMS REGULAR CONTRACTS EMPLOYMENT LEVELS SEVERANCE PAYMENT SKILLED EMPLOYEES FIRM LEVEL BARGAINING POWER FIRING COSTS WORKER PASSIVE LABOR MARKET PROGRAMS INCOME INEQUALITY ADJUSTMENT COSTS ACTIVE LABOR MARKET LABOR UNIONS ACTIVE” LABOR MARKET LABOR PRODUCTIVITY PRODUCT MARKET REGULATIONS UNEMPLOYED JOB LOSS LABOUR LAW OLDER WORKERS WAGE DISPERSION RIGID LABOR MARKET UNEMPLOYMENT INSURANCE LABOR TOTAL EMPLOYMENT JOB SEARCH LABOR REGULATION LONG-TERM EMPLOYMENT WAGE INCREASE LONG-TERM UNEMPLOYMENT REGULAR WORKERS MINIMUM WAGES ACTIVE LABOR MARKET POLICIES UNEMPLOYMENT ECONOMIC REGULATIONS LABOR COST PRODUCTIVITY GROWTH HUMAN CAPITAL WORKERS UNION DENSITY WAGE BARGAINING LABOR MARKET CONDITIONS LABOR MARKET PROGRAMS YOUNG WORKERS ACTIVE LABOUR MARKET LABOR LAWS UNEMPLOYMENT RATE EMPLOYMENT PROTECTION LEGISLATION REAL WAGE ACTIVE LABOR MARKET PROGRAMS LABOR MARKET SEGMENTATION WAGE INEQUALITY LABOUR REALLOCATION JOB TURNOVER ACTIVE LABOUR LABOR MARKET FUNCTIONS LABOUR MARKET POLICY AGE GROUPS LABOUR MARKET SAFETY NET PERMANENT EMPLOYMENT LABOR MARKET INSTITUTIONS FIRM PERFORMANCE LABOR MARKET OUTCOMES JOB CREATION EMPLOYMENT GROWTH LABOR RELATIONS PRIVATE SECTOR PERFORMANCE’ MANAGEMENT LABOR MOBILITY COLLECTIVE BARGAINING DISADVANTAGED POSITION MANAGEMENT EMPLOYER CONTRIBUTIONS LABOR ORGANIZATION PRODUCTIVITY LEVEL SERVICE SECTORS TEMPORARY JOBS DISMISSAL LABOUR FORCE LABOUR MARKET POLICIES WORKING CONDITIONS PERMANENT JOBS LABOR MARKET REGULATIONS PRODUCT MARKETS EMPLOYEE LABOR SUPPLY WAGE EFFECTS HIGH UNEMPLOYMENT EMPLOYMENT OUTLOOK INFORMAL EMPLOYMENT UNSKILLED WORKERS UNEMPLOYMENT BENEFITS JOB SECURITY LABOUR LABOR MARKETS TEMPORARY EMPLOYMENT LOW EMPLOYMENT STRUCTURAL UNEMPLOYMENT SMALL BUSINESSES LABOR REGULATIONS EMPLOYEES This paper analyzes recent trends in Swedens labor market regulations in relation to comparator economies and examines the relationship between labor market regulations and outcomes. The paper finds that the Swedish labor market responded more rapidly to the recent global financial crisis than the majority of the European Union economies, which helped Sweden to recover quickly. Swedens hiring regulations are more flexible than those of many comparator economies, however, fixed-term contracts of short duration might have adverse consequences for the economy. In addition, Swedens regulations on work during the weekly holidays and mandatory paid annual leave are stricter than those of the majority of comparator economies. Moreover, among the economies of the Organisation for Economic Co-operation and Development, Sweden has one of the largest differences in employment protection between permanent and temporary employees, which could lead to a segmented labor market, where insiders enjoy high job security and outsiders are largely marginalized. This could be cause for concern, given that Sweden has a higher share of involuntary temporary workers among youth and involuntary part-time workers than both the Nordic and European Union averages. While protecting employees is important, excessive protection, particularly if it differs across different types of employment contracts, has been shown to have adverse effects on welfare and economic performance. 2015-05-04T15:16:19Z 2015-05-04T15:16:19Z 2015-04 Working Paper http://documents.worldbank.org/curated/en/2015/04/24261201/labor-market-regulations-outcomes-sweden-comparative-analysis-recent-trends http://hdl.handle.net/10986/21843 English en_US Policy Research Working Paper;No. 7229 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Europe and Central Asia Sweden