Labour market institutions and wage inequality
By: by Winfried Koeniger, Marco Leonardi, Luca Nunziata.
Contributors: Leonardi, Marco.; Nunziata, Luca.
Series: Discussion paper ;; no. 1291; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) ;; no. 1291
Publisher: IZA
Published: 2004
Place of publication: Bonn, Germany
Language: eng
Format: Electronic resource
Subjects: Income distribution -- OECD countries -- Econometric models.
Description: "In this paper we investigate the importance of labor market institutions such as unemployment insurance, unions, firing regulation and minimum wages for the evolution of wage inequality across countries. We derive a simple log-linear equation of the wage differential as a function of the institutional parameters, total factor productivity, final good prices and relative skill supply. Our estimates for 11 OECD countries imply that labor market institutions can account for a large part of the change of wage inequality across countries after controlling for time and country effects"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 5/3/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.