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More but not better jobs in Chile? The fundamental importance of open‐ended contracts
Author(s) -
RUIZTAGLE Jaime,
SEHNBRUCH Kirsten
Publication year - 2015
Publication title -
international labour review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.433
H-Index - 46
eISSN - 1564-913X
pISSN - 0020-7780
DOI - 10.1111/j.1564-913x.2015.00240.x
Subject(s) - flexibility (engineering) , labour economics , economics , quality (philosophy) , job creation , labour market flexibility , employment contract , unemployment , work (physics) , economic growth , mechanical engineering , philosophy , management , epistemology , engineering
Chilean governments since 1990 have relied on economic growth to generate employment, higher wages and better conditions of employment. But the results of this policy have been mixed: quantitative improvements in employment and wages have not been matched by improvements in job quality. Contrasting Chile's seemingly rigid regulatory framework with its actual labour market flexibility, the authors stress the importance of employment conditions in assessing labour market performance. They empirically explore the effects of individual and job characteristics on employment and income‐generating capabilities, whose most powerful determinant, they find, is employment under an open‐ended contract. They conclude with a discussion of policy implications.