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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...
Persistent link: https://www.econbiz.de/10002265128
Persistent link: https://www.econbiz.de/10003459421
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...
Persistent link: https://www.econbiz.de/10013319061
Persistent link: https://www.econbiz.de/10003414292
Capital deepening may affect the evolution of the wage differential between skilled and unskilled workers differently in countries with different labor market institutions. If labor market institutions raise the relative wage of unskilled workers in Germany, firms have incentives to invest...
Persistent link: https://www.econbiz.de/10003304679
Capital deepening may affect the evolution of the wage differential between skilled and unskilled workers differently in countries with different labor market institutions. If labor market institutions raise the relative wage of unskilled workers in Germany, firms have incentives to invest...
Persistent link: https://www.econbiz.de/10012780357
Persistent link: https://www.econbiz.de/10001799730
Persistent link: https://www.econbiz.de/10003020787
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Persistent link: https://www.econbiz.de/10009619477