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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/20557| Title: | Labour Market Institutions and Wage Inequality |
| Keywords: | E24 J65 J51 J31 ddc:330 labor market institutions wage differential by skill bilateral monopoly country panel data Lohnstruktur Arbeitsmarktflexibilisierung Arbeitsmarktpolitik Schätzung OECD-Staaten |
| Issue Date: | 16-Oct-2013 |
| Publisher: | |
| 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. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/20557 |
| Other Identifiers: | http://hdl.handle.net/10419/20557 ppn:399649344 |
| Appears in Collections: | EconStor |
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