This paper reviews the state of theory and evidence on the design of labor market institutions in emerging markets and developing economies. Compared with advanced economies, these economies tend to have larger market failures, which creates a strong case for government intervention. But they also face larger risks of policy failures due to informality and limited administrative capacity. We draw specific implications from this tension for the design unemployment insurance, job protection legislation, minimum wages and wage bargaining systems. We then use text mining techniques to identify and review a decade of IMF recommendations in these areas for 30 emerging market and developing economies.

中文翻译：

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新兴市场和发展中经济体的劳动力市场制度设计：证据回顾和基金组织政策建议

本文回顾了新兴市场和发展中经济体劳动力市场制度设计的理论和证据状况。与发达经济体相比，这些经济体往往存在更大的市场失灵，这为政府干预提供了强有力的理由。但由于非正规性和有限的行政能力，它们也面临更大的政策失败风险。我们从这种紧张关系中对设计失业保险、工作保护立法、最低工资和工资谈判制度提出了具体的影响。然后，我们使用文本挖掘技术来确定和审查 IMF 在这些领域为 30 个新兴市场和发展中经济体提出的十年建议。