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Title: | Earnings-Related Unemployment Benefits in a Unionised Economy |
Keywords: | E24 J51 J65 ddc:330 earnings relationship OECD panel data trade union unemployment unemployment benefits Arbeitslosenversicherung Lohnersatzleistungen Einkommen Beschäftigungseffekt Lohnverhandlungstheorie Gewerkschaftlicher Organisationsgrad Schätzung Theorie OECD-Staaten |
Issue Date: | 16-Oct-2013 |
Publisher: | |
Description: | We show that a stronger earnings relationship of unemployment compensation reduces wages and increases employment in an economy in which wages are determined by a trade union that maximises the rent from unionisation. The opposite result applies for a utilitarian union. Using manufacturing and non-manufacturing data for 16 OECD countries, estimates suggest that a 10% increase in the earnings relationship is associated with a 1.9% fall in manufacturing wages, a 0.6% reduction in non-manufacturing wages and a 7.3% reduction in unemployment. |
URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/20636 |
Other Identifiers: | http://hdl.handle.net/10419/20636 ppn:362200505 |
Appears in Collections: | EconStor |
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