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Labour Market Institutions and Wage Inequality

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dc.creator Koeniger, Winfried
dc.creator Leonardi, Marco
dc.creator Nunziata, Luca
dc.date 2004
dc.date.accessioned 2013-10-16T07:11:07Z
dc.date.available 2013-10-16T07:11:07Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20557
dc.identifier ppn:399649344
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20557
dc.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.
dc.language eng
dc.relation IZA Discussion paper series 1291
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject E24
dc.subject J65
dc.subject J51
dc.subject J31
dc.subject ddc:330
dc.subject labor market institutions
dc.subject wage differential by skill
dc.subject bilateral monopoly
dc.subject country panel data
dc.subject Lohnstruktur
dc.subject Arbeitsmarktflexibilisierung
dc.subject Arbeitsmarktpolitik
dc.subject Schätzung
dc.subject OECD-Staaten
dc.title Labour Market Institutions and Wage Inequality
dc.type doc-type:workingPaper

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