Labour Markets, Institutions and Inequality
Title | Labour Markets, Institutions and Inequality PDF eBook |
Author | Janine Berg |
Publisher | Edward Elgar Publishing |
Pages | 430 |
Release | 2015-01-30 |
Genre | Business & Economics |
ISBN | 1784712108 |
Labour market institutions, including collective bargaining, the regulation of employment contracts and social protection policies, are instrumental for improving the well-being of workers, their families and society. In many countries, these instituti
Inequality and Labor Market Institutions
Title | Inequality and Labor Market Institutions PDF eBook |
Author | Ms.Florence Jaumotte |
Publisher | International Monetary Fund |
Pages | 32 |
Release | 2015-07-01 |
Genre | Business & Economics |
ISBN | 1513526901 |
The SDN examines the role of labor market institutions in the rise of income inequality in advanced economies, alongside other determinants. The evidence strongly indicates that de-unionization is associated with rising top earners’ income shares and less redistribution, while eroding minimum wages are related to increases in overall income inequality. The results, however, also suggest that a lack of representativeness of unions may be associated with higher inequality. These findings do not necessarily constitute a blanket recommendation for higher unionization and minimum wages, as country-specific circumstances and potential trade-offs with other policy objectives need to be considered. Addressing inequality also requires a multipronged approach, which should include taxation reform and curbing excesses associated with financial deregulation.
Inequality and Labor Market Institutions
Title | Inequality and Labor Market Institutions PDF eBook |
Author | Florence Jaumotte |
Publisher | |
Pages | 31 |
Release | 2015 |
Genre | Income distribution |
ISBN | 9781513536095 |
"The paper examines the role of labor market institutions in the rise of income inequality in advanced economies, alongside other determinants. The evidence strongly indicates that de-unionization is associated with rising top earners' income shares and less redistribution, while eroding minimum wages are related to increases in overall income inequality. The results, however, also suggest that a lack of representativeness of unions may be associated with higher inequality. These findings do not necessarily constitute a blanket recommendation for higher unionization and minimum wages, as country-specific circumstances and potential trade-offs with other policy objectives need to be considered. Addressing inequality also requires a multipronged approach, which should include taxation reform and curbing excesses associated with financial deregulation.
Labour Markets and Income Inequality
Title | Labour Markets and Income Inequality PDF eBook |
Author | Rolph van der Hoeven |
Publisher | |
Pages | 62 |
Release | 2000 |
Genre | Distributive justice |
ISBN |
Discusses the outcomes of the economic reform policies of the 1980s and 1990s in terms of inequality focusing on developing countries.
Geographies of Labour Market Inequality
Title | Geographies of Labour Market Inequality PDF eBook |
Author | Ron Martin |
Publisher | Routledge |
Pages | 281 |
Release | 2003-09-02 |
Genre | Architecture |
ISBN | 1134421583 |
In recent years, the local dimensions of the labour market have attracted increasing attention from academic analysts and public policy-makers alike. There is growing realization that there is no such thing as the national labour market, instead a mosaic of local and regional markets that differ in nature, performance and regulation. Geographies of Labour Market Inequality is concerned with these multiple geographies of employment, unemployment, work and incomes, and their implications for public policy.
Globalization, Labor Markets and Inequality in India
Title | Globalization, Labor Markets and Inequality in India PDF eBook |
Author | Dipak Mazumdar |
Publisher | IDRC |
Pages | 380 |
Release | 2008 |
Genre | Business & Economics |
ISBN | 0415436117 |
India's increased exposure to world markets and relaxation of domestic controls has given a spurt to the GDP growth rate, but its impact on poverty, inequality and employment have been controversial. This book examines these aspects of the post-reform scene, discerning the changes in trends which the new developments have created.
Impacts of Labor Market Institutions and Demographic Factors on Labor Markets in Latin America
Title | Impacts of Labor Market Institutions and Demographic Factors on Labor Markets in Latin America PDF eBook |
Author | Adriana D. Kugler |
Publisher | International Monetary Fund |
Pages | 36 |
Release | 2019-07-17 |
Genre | Business & Economics |
ISBN | 1513508083 |
This paper documents recent labor market performance in the Latin American region. The paper shows that unemployment, informality, and inequality have been falling over the past two decades, though still remain high. By contrast, productivity has remained stubbornly low. The paper, then, turns to the potential impacts of various labor market institutions, including employment protection legislation (EPL), minimum wages (MW), payroll taxes, unemployment insurance (UI) and collective bargaining, as well as the impacts of demographic changes on labor market performance. The paper relies on evidence from carefully conducted studies based on micro-data for countries in the region and for other countries with similar income levels to draw conclusions on the impact of labor market institutions and demographic factors on unemployment, informality, inequality and productivity. The decreases in unemployment and informality can be partly explained by the reduced strictness of EPL and payroll taxes, but also by the increased shares of more educated and older workers. By contrast, the fall in inequality starting in 2002 can be explained by a combination of binding MW throughout most of the region and, to a lesser extent, by the introduction of UI systems in some countries and the role of unions in countries with moderate unionization rates. Falling inequality can also be explained by the fall in the returns to skill associated with increased share of more educated and older workers.