Labour Markets Institutions And Inequality
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Author | : Janine Berg |
Publisher | : Edward Elgar Publishing |
Total Pages | : 430 |
Release | : 2015-01-30 |
Genre | : Business & Economics |
ISBN | : 1784712108 |
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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 | : Ms.Florence Jaumotte |
Publisher | : International Monetary Fund |
Total Pages | : 32 |
Release | : 2015-07-01 |
Genre | : Business & Economics |
ISBN | : 1513526901 |
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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.
Author | : Florence Jaumotte |
Publisher | : |
Total Pages | : 31 |
Release | : 2015 |
Genre | : Income distribution |
ISBN | : 9781513536095 |
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"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.
Author | : Rolph van der Hoeven |
Publisher | : |
Total Pages | : 62 |
Release | : 2000 |
Genre | : Distributive justice |
ISBN | : |
Download Labour Markets and Income Inequality Book in PDF, Epub and Kindle
Discusses the outcomes of the economic reform policies of the 1980s and 1990s in terms of inequality focusing on developing countries.
Author | : Ron Martin |
Publisher | : Routledge |
Total Pages | : 281 |
Release | : 2003-09-02 |
Genre | : Architecture |
ISBN | : 1134421583 |
Download Geographies of Labour Market Inequality Book in PDF, Epub and Kindle
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.
Author | : Dipak Mazumdar |
Publisher | : IDRC |
Total Pages | : 380 |
Release | : 2008 |
Genre | : Business & Economics |
ISBN | : 0415436117 |
Download Globalization, Labor Markets and Inequality in India Book in PDF, Epub and Kindle
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.
Author | : |
Publisher | : |
Total Pages | : |
Release | : 2008 |
Genre | : |
ISBN | : |
Download Labour Market Institutions and Income Inequality Book in PDF, Epub and Kindle
Author | : Adriana D. Kugler |
Publisher | : International Monetary Fund |
Total Pages | : 36 |
Release | : 2019-07-17 |
Genre | : Business & Economics |
ISBN | : 1513508083 |
Download Impacts of Labor Market Institutions and Demographic Factors on Labor Markets in Latin America Book in PDF, Epub and Kindle
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.
Author | : Alexander Gallas |
Publisher | : Routledge |
Total Pages | : 320 |
Release | : 2015-12-22 |
Genre | : Business & Economics |
ISBN | : 1317423852 |
Download Combating Inequality Book in PDF, Epub and Kindle
Economic inequality has recently gained considerable academic attention. However, two important aspects of inequality have not been discussed systematically: its multidimensional nature and the question of what can be done to reverse it. This book offers insights from scholars representing the Global Labour University, which operates in Brazil, Germany, India, South Africa and the US. They analyse the various drivers of inequality, assess policy responses, and discuss counterstrategies. The main findings of this book are that rising levels of inequality cannot be addressed only with the standard policies responses, namely education, redistribution and ‘green growth’. In addition, the way markets currently function needs to be corrected. The chapters in this volume focus on specific fields of contemporary capitalism where important drivers of inequality are located, for example, the labour market; the financial system; the tax system; multi-national corporations; and gender relations. Other chapters discuss in detail where political opportunities for change lie. They critically assess existing countermeasures; the idea of a ‘green economy’ and its implications for inequality; and existing campaigns by trade unions and new social movements against inequality. In line with the global nature of the problem, this book contains case studies on countries both from the north and south with considerable economic and political weight. This book provides academics, political practitioners and civil society activists with a range of ideas on how to drive back inequality. It will be of interest to those who study political economy, development economy and labour economics.
Author | : Mr.Romain A Duval |
Publisher | : International Monetary Fund |
Total Pages | : 58 |
Release | : 2019-05-21 |
Genre | : Business & Economics |
ISBN | : 1498313264 |
Download Designing Labor Market Institutions in Emerging and Developing Economies Book in PDF, Epub and Kindle
This paper discusses theoretical aspects and evidences related to designing labor market institutions in emerging market and developing economies. This note reviews the state of theory and evidence on the design of labor market institutions in a developing economy context and then reviews its consistency with actual labor market advice in a selected set of emerging and developing economies. The focus is mainly on three broad sets of institutions that matter for both workers’ protection and labor market efficiency: employment protection, unemployment insurance and social assistance, minimum wages and collective bargaining. Text mining techniques are used to identify IMF recommendations in these areas in Article IV Reports for 30 emerging and frontier economies over 2005–2016. This note has provided a critical review of the literature on the design of labor market institutions in emerging and developing market economies, and benchmarked the advice featured in IMF recommendations for 30 emerging market and frontier economies against the tentative conclusions from the literature.