Inequality and Labor Market Institutions:
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 w...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2015
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| Schriftenreihe: | IMF Staff Discussion Notes: Staff Discussion Note No. 15 / 14
|
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | 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. The SDN examines the role of labor market institutions in the rise of income inequality in advanced economies, alongside other determinants |
| Beschreibung: | 1 Online-Ressource (30 p) |
| ISBN: | 1513577255 9781513577258 |
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| index_date | 2024-07-03T20:13:37Z |
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| series2 | IMF Staff Discussion Notes: Staff Discussion Note No. 15 / 14 |
| spelling | Jaumotte, Florence Verfasser aut Inequality and Labor Market Institutions Jaumotte, Florence Washington, D.C International Monetary Fund 2015 1 Online-Ressource (30 p) txt rdacontent c rdamedia cr rdacarrier IMF Staff Discussion Notes: Staff Discussion Note No. 15 / 14 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. The SDN examines the role of labor market institutions in the rise of income inequality in advanced economies, alongside other determinants Online-Ausg Osorio, Carolina Sonstige oth http://www.elibrary.imf.org/view/IMF006/22595-9781513577258/22595-9781513577258/22595-9781513577258.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Jaumotte, Florence Inequality and Labor Market Institutions |
| title | Inequality and Labor Market Institutions |
| title_auth | Inequality and Labor Market Institutions |
| title_exact_search | Inequality and Labor Market Institutions |
| title_exact_search_txtP | Inequality and Labor Market Institutions |
| title_full | Inequality and Labor Market Institutions Jaumotte, Florence |
| title_fullStr | Inequality and Labor Market Institutions Jaumotte, Florence |
| title_full_unstemmed | Inequality and Labor Market Institutions Jaumotte, Florence |
| title_short | Inequality and Labor Market Institutions |
| title_sort | inequality and labor market institutions |
| url | http://www.elibrary.imf.org/view/IMF006/22595-9781513577258/22595-9781513577258/22595-9781513577258.xml |
| work_keys_str_mv | AT jaumotteflorence inequalityandlabormarketinstitutions AT osoriocarolina inequalityandlabormarketinstitutions |