A Note on labour market in flexibility in Caribbean

Author(s): Lewis-Bynoe, Denny; Moore, Winston (2006)

Created 01 Jan, 2006
Categories Working Papers
Views: 1997
This paper compares labour market flexibility in three Caribbean countries (Barbados, Jamaica and Trinidad and Tobago) using three derived indicators of flexibility. The results suggest that JamaicaÂ’s labour market adjusts relatively faster to shocks than either Barbados or Trinidad and Tobago. However, the region still lags behind more developed countries and some developing countries in terms of the flexibility of its labour market.

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