This paper analyzes the effects of the labor market reforms launched in the early 1980s by the Conservative government led by Mrs. Thatcher. It is argued that the increase in the growth of labor productivity in manufacturing after 1980 as well as the improvement in the responsiveness of...

Changes in economic systems provide a rare opportunity to redesign basic institutional structures in labor markets. This paper attempts to provide guidance for such institutional choice by drawing on the findings of recent labor market research in market economies on the links between...

From the perspective of market economies, central planning produced distinct distortions in the wage structures of socialist countries. This paper examines the extent to which wage structures have adjusted to remove such distortions during the economic transition using micro-data from the Czech...

This paper explores the existence of downward real wage rigidity (DRWR) in 19 OECD countries, over the period 1973-1999, using data for hourly nominal earnings at industry level. Based on a nonparametric statistical method, which allows for country and year specific variation in both the median...

This paper estimates how compliance with national labor law and international labor standards within Jordan's garment exporting factories changed after the implementation of a transparency program that made compliance assessments publicly available. The estimation employs data from Better Work...

Collective bargaining has come under renewed scrutiny, especially in Southern European countries, which rely predominantly on sectoral bargaining supported by administrative extensions of collective agreements. Following the global financial crisis, some of these countries have implemented...

The Israeli Male and Female Workers Equal Pay Law of 1996 declares that men and women are entitled to equal pay for the same work. Nevertheless, most sectoral collective agreements in Israel afford only men with the right to a "family supplement". The current article seeks to understand the...

Minimum wage policy is regarded as an essential policy tool for improving the welfare of low-paid workers, reducing working poverty and inequality within the labour market. The Government of India recently undertook reform in the country's wage policy and enacted the Code on Wages in August...

The healthcare sector is ubiquitously plagued by labour shortages in economies around the globe. The fragility of this structural shortage becomes apparent when external shocks, such as the Covid-19 pandemic, exacerbate the lack of labour in clinical practice. In this essay, we summarize current...

A number of recent studies have documented extensive downward nominal wage rigidity (DNWR) for job stayers in many OECD countries. However, DNWR for individual workers may induce downward rigidity or "a floor" for the aggregate wage growth at positive or negative levels. Aggregate wage growth...