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| Tekijä: | Checchi, D. Garcia-Penalosa, C. |
| Otsikko: | Labour market institutions and the personal distribution of income in the OECD |
| Lehti: | Economica
2010 : JUL, VOL. 77:307, p. 413-450 |
| Asiasana: | labour markets institutions pay differentials unemployment income distribution OECD |
| Kieli: | eng |
| Tiivistelmä: | The impact of labour market institutions on wage inequality has been studied, but their effect on income inequality has received little attention. This article suggests that personal income inequality depends on the wage differential, the labour share and the unemployment rate. Labour market institutions affect income inequality through these three channels. Their overall effect is ambiguous. This study uses a panel of OECD countries for the period 1960-2000 to examine these effects. The result reveals that greater unionization and greater wage bargaining coordination have opposite effects on inequality. |
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