Can Labour Supply Explain the Rise in Unemployment and Inter-group Wage Inequality in the OECD? PDF Download
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Author: Etienne Wasmer
Publisher:
ISBN:
Category : Labor supply
Languages : en
Pages : 80
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Book Description
Author: Etienne Wasmer
Publisher:
ISBN:
Category : Labor supply
Languages : en
Pages : 80
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Book Description
Author: Patrick Vanhoudt
Publisher:
ISBN:
Category : Income distribution
Languages : en
Pages : 34
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Book Description
Author: Daniel Cohen
Publisher: OUP Oxford
ISBN: 0191045675
Category : Business & Economics
Languages : en
Pages : 372
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Book Description
This book is an in-depth discussion of rising inequalities in the western world. It explores the extent to which rising inequalities are the mechanical consequence of changes in economic fundamentals (such as changes in technological or demographic parameters), and to what extent they are the contingent consequences of country-specific and time-specific changes in institutions. Both the 'fundamentalist' view and the 'institutionalist' view have some relevance. For instance, the decline of traditional manufacturing employment since the 1970s has been associated in every developed country with a rise of labor-market inequality (the inequality of labor earnings within the working-age population has gone up in all countries), which lends support to the fundamentalist view. But, on the other hand, everybody agrees that institutional differences (minimum wage, collective bargaining, tax and transfer policy, etc.) between Continental European countries and Anglo-Saxon countries explain why disposable income inequality trajectories have been so different in those two groups of countries during the 1980s-90s, which lends support to the institutionalist view. The chapters in this volume show the strength of both views. Through empirical evidence and new theoretical insights the contributors argue that institutions always play a crucial role in shaping inequalities, and sometimes preventing them, but that inequalities across age, sex, and skills often recur. From Sweden to Spain and Portugal, from Italy to Japan and the USA, the volume explores the diversity of the interplay between market forces and institutions.
Author: Richard Jackman
Publisher:
ISBN:
Category : Income distribution
Languages : en
Pages : 48
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Book Description
Author: OECD
Publisher: OECD Publishing
ISBN: 9264900225
Category :
Languages : en
Pages : 186
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Book Description
Even though firms play a key role in shaping wages, wage inequality and the gender wage gap, firms have so far only featured to a limited extent in the policy debates around these issues. The evidence in this volume shows that around one third of overall wage inequality can be explained by gaps in pay between firms rather than differences in the level and returns to workers’ skills.
Author: James K. Galbraith
Publisher: Cambridge University Press
ISBN: 9780521009935
Category : Business & Economics
Languages : en
Pages : 344
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Book Description
The world knows that there is a global crisis of inequality in pay. But what caused it? Where is it more and where less severe? What can be done? This book deploys new techniques and a new global data set to advance striking answers to these questions, answers that have eluded even the largest international research institutions such as the OECD and the World Bank. Chapters trace the U.S. wage structure back to 1920, the relationship of inequality and unemployment in Europe, and the relationships of inequality to economic growth, liberalization, financial crisis, state violence and industrial policy in more than fifty developing countries.
Author: Patrick Vanhoudt
Publisher:
ISBN:
Category :
Languages : en
Pages : 26
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Book Description
Income distribution may be related to fundamentals affecting economic growth and to labor market policies. Noting that inequality is affected by unemployment. This paper presents a model in which labor market policies affect unemployment which in turn affects inequality. The model also includes the effects of changes in per capita income on inequality through the accumulation of physical capital and technological know-how. When a resulting reduced-form relationship is estimated, its explanatory power is surprisingly high: on average, it explains about three quarters of the variation in inequality measures for the OECD countries, and Granger Causality tests confirm the model`s predictions.
Author: Janine Berg
Publisher: Edward Elgar Publishing
ISBN: 1784712108
Category : Business & Economics
Languages : en
Pages : 430
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Book Description
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
Author: OECD
Publisher: OECD Publishing
ISBN: 9264119531
Category :
Languages : en
Pages : 390
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Book Description
This book examines to which extent economic globalisation, skill-biased technological progress and institutional and regulatory reforms have had an impact on the distribution of earnings.
Author: Keeley Brian
Publisher: OECD Publishing
ISBN: 9264246010
Category :
Languages : en
Pages : 122
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Book Description
This book explores income inequality across five main headings. It starts by explaining some key terms in the inequality debate. It then examines recent trends and explains why income inequality varies between countries.
