| 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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