Inequality and Labor Market Institutions / Florence Jaumotte    

Public ISBD Titre : Inequality and Labor Market Institutions Type de document : document électronique Auteurs : Florence Jaumotte, Auteur ; Carolina Osorio, Auteur Editeur : IMF Année de publication : July 2015 Collection : Staff Discussion Note num. 15/14 Importance : 31 p Langues : Anglais (eng) Tags : Inégalités  Emploi  Travail  Marché du travail  Syndicats Résumé : 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. En ligne : http://www.imf.org/en/Publications/Staff-Discussion-Notes/Issues/2016/12/31/Ineq [...] Format de la ressource électronique : http://www.imf.org/external/pubs/ft/fandd/2015/03/pdf/jaumotte.pdf Inequality and Labor Market Institutions [document électronique] / Florence Jaumotte, Auteur ; Carolina Osorio, Auteur . - [S.l.] : IMF, July 2015 . - 31 p. - (Staff Discussion Note; 15/14) . Langues : Anglais (eng) Tags : Inégalités  Emploi  Travail  Marché du travail  Syndicats Résumé : 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. En ligne : http://www.imf.org/en/Publications/Staff-Discussion-Notes/Issues/2016/12/31/Ineq [...] Format de la ressource électronique : http://www.imf.org/external/pubs/ft/fandd/2015/03/pdf/jaumotte.pdf

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