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The Krugman hypothesis attributes high wage inequality in the US and high unemploy- ment in continental Europe in the … wage inequality and inactivity on the other …
Persistent link: https://www.econbiz.de/10013058527
range of micro statistics on income inequality, dynamics, and mobility. It has four key characteristics: it is built on …; it offers granular descriptions of income inequality and income dynamics for finely defined subpopulations; and it is … and presents a set of global trends in income inequality and income dynamics across the 13 countries that are currently in …
Persistent link: https://www.econbiz.de/10013388880
This paper provides an empirical analysis on the determination of wages at the sectoral level in main industrial economies. Nominal wages are bargained between labour unions and employers in imperfect competitive markets, where spillovers across sectors might occur. Using a principal component...
Persistent link: https://www.econbiz.de/10003959628
We use matched firm-worker panel data from France and Norway to consider observationally equivalent alternatives to the hypothesis that firms share product market rents with their workers in the form of higher wages. After documenting the main stylized facts, we find that neither the main...
Persistent link: https://www.econbiz.de/10011402884
We use matched firm-worker panel data from France and Norway to consider observationally equivalent alternatives to the hypothesis that firms share product market rents with their workers in the form of higher wages. After documenting the main stylized facts, we find that neither the main...
Persistent link: https://www.econbiz.de/10013320895
Persistent link: https://www.econbiz.de/10011778920
Persistent link: https://www.econbiz.de/10011569287
Using longitudinal data on labour law in France, Germany, Japan, Sweden, the UK and the USA for the four decades after 1970, we estimate the impact of labour regulation on unemployment and equality, using labour’s share of national income as a proxy for the latter. We employ a dynamic panel...
Persistent link: https://www.econbiz.de/10014152342
Persistent link: https://www.econbiz.de/10010514495
Persistent link: https://www.econbiz.de/10009633711