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Labor Market Institutions And The Distribution Of Wages 1973 1992
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Book Synopsis Labor Market Institutions and the Distribution of Wages, 1973-1992 by : John Enrico DiNardo
Download or read book Labor Market Institutions and the Distribution of Wages, 1973-1992 written by John Enrico DiNardo and published by . This book was released on 1995 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents a semiparametric procedure to analyze the effects of institutional and labor market factors on recent changes in the U.S. distribution of wages. The effects of these factors are estimated by applying kernel density methods to appropriately 'reweighted' samples. The procedure provides a visually clear representation of where in the density of wages these various factors exert the greatest impact. Using data from the Current Population Survey, we find, as in previous research, that de-unionization and supply and demand shocks were important factors in explaining the rise in wage inequality from 1979 to 1988. We find also compelling visual and quantitative evidence that the decline in the real value of the minimum wage explains a substantial proportion of this increase in wage inequality, particularly for women. We conclude that labor market institutions are as important as supply and demand considerations in explaining changes in the U.S. distribution of wages from 1979 to 1988.
Author :John E. DiNardo Publisher :Université de Montréal, Dép. de sciences économiques ISBN 13 : Total Pages :0 pages Book Rating :4.:/5 (11 download)
Book Synopsis Labor Market Institutions and the Distribution of Wages by : John E. DiNardo
Download or read book Labor Market Institutions and the Distribution of Wages written by John E. DiNardo and published by Université de Montréal, Dép. de sciences économiques. This book was released on 1995 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Labor Market Institutions and the Distribution of Wages by : Nicole M. Fortin
Download or read book Labor Market Institutions and the Distribution of Wages written by Nicole M. Fortin and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the role of spillover effects of minimum wages and threat effects of unionization in changes in wage inequality in the United States between 1979 and 2017. A distribution regression framework is introduced to estimate both types of spillover effects. Threat effects double the contribution of de-unionization to the increase in male wage inequality. Spillover effects magnify the explanatory power of declining minimum wages to two-thirds of the increase in inequality at the bottom end of the female wage distribution.
Book Synopsis Inequality and Labor Market Institutions by : Ms.Florence Jaumotte
Download or read book Inequality and Labor Market Institutions written by Ms.Florence Jaumotte and published by International Monetary Fund. This book was released on 2015-07-01 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Labour Market Institutions and Productivity by : Beata Woźniak-Jęchorek
Download or read book Labour Market Institutions and Productivity written by Beata Woźniak-Jęchorek and published by Routledge. This book was released on 2020-10-25 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains the role of formal labour market institutions in keeping the labour utilisation in Central and Eastern Europe above the level characteristic for Western European states. It provides an innovative and enriching take on labour utilisation at large and how various formal labour market institutions can affect the ongoing trend in labour utilisation in a way that is not covered by the extant literature. The impact of labour market institutions on labour market outcomes is analysed throughout 12 chapters, both from a cross-country perspective and in detailed case-studies, by 21 labour market experts from various CEE countries. Most chapters are based on empirical methods yet are presented in an easy-to-follow way in order to make the book also accessible for a non-scientific audience. The volume explores three key questions: How can labour utilisation be increased by labour market institutions? Which CEE countries managed to create a labour market institutional framework beneficial for labour utilisation? How should the labour market institutions in CEE countries be reformed in order to increase labour utilisation? The book argues that the legacy of transition reforms and a centrally planned past is still relevant in explaining common patterns among CEE countries and concludes that increasing the stock of skills accumulated by the employed and improving utilisation of these skills seems to be the first-best solution to increase labour utilisation. The book will be of interest to post-graduate researchers and academics in the fields of labour economics, regional economics, and macroeconomics as well as scholars interested in adopting an institutional analysis approach. Additionally, due to the broader policy implications of the topic, the book will appeal to policymakers and experts interested in labour economics.
Book Synopsis Labor Market Institutions in China by : Xinxin Ma
Download or read book Labor Market Institutions in China written by Xinxin Ma and published by Springer Nature. This book was released on with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Handbook of Economic Growth by : Philippe Aghion
Download or read book Handbook of Economic Growth written by Philippe Aghion and published by Elsevier. This book was released on 2005-12-09 with total page 835 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbooks in Economics series continues to provide the various branches of economics with handbooks which are definitive reference sources, suitable for use by professional researchers, advanced graduate students, or by those seeking a teaching supplement. The Handbook of Economic Growth, edited by Philippe Aghion and Steven Durlauf, with an introduction by Robert Solow, features in-depth, authoritative survey articles by the leading economists working on growth theory. Volume 1a, the first in this two volume set, covers theories of economic growth, the empirics of economic growth, and growth policies and mechanisms. Volume 1b, the second in this two volume set, covers technology, trade and geography, and growth and socio-economic development.
Book Synopsis Handbook of Labor Economics by : Orley Ashenfelter
Download or read book Handbook of Labor Economics written by Orley Ashenfelter and published by Elsevier. This book was released on 1999-11-18 with total page 930 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern labor economics has continued to grow and develop since the first volumes of this Handbook were published. The subject matter of labor economics continues to have at its core an attempt to systematically find empirical analyses that are consistent with a systematic and parsimonious theoretical understanding of the diverse phenomenon that make up the labor market. As before, many of these analyses are provocative and controversial because they are so directly relevant to both public policy and private decision making. In many ways the modern development in the field of labor economics continues to set the standards for the best work in applied economics. This volume of the Handbook has a notable representation of authors - and topics of importance - from throughout the world.
Book Synopsis Evidence Against a Higher Minimum Wage by : United States. Congress. Joint Economic Committee
Download or read book Evidence Against a Higher Minimum Wage written by United States. Congress. Joint Economic Committee and published by . This book was released on 1996 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Evidence Against a Higher Minimum Wage: February 22, 1995 by : United States. Congress. Joint Economic Committee
Download or read book Evidence Against a Higher Minimum Wage: February 22, 1995 written by United States. Congress. Joint Economic Committee and published by . This book was released on 1996 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Neoliberalism, Globalization, and Inequalities by : Vicente Navarro
Download or read book Neoliberalism, Globalization, and Inequalities written by Vicente Navarro and published by Routledge. This book was released on 2020-05-06 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since U.S. President Reagan and U.K. Prime Minister Thatcher, a major ideology (under the name of economic science) has been expanded worldwide that claims that the best policies to stimulate human development are those that reduce the role of the state in economic and social lives: privatizing public services and public enterprises, deregulating the mobility of capital and labor, eliminating protectionism, and reducing public social protection. This ideology, called 'neoliberalism,' has guided the globalization of economic activity and become the conventional wisdom in international agencies and institutions (such as the IMF, World Bank, World Trade Organization, and the technical agencies of the United Nations, including the WHO). Reproduced in the 'Washington consensus' in the United States and the 'Brussels consensus' in the European Union, this ideology has guided policies widely accepted as the only ones possible and advisable.This book assembles a series of articles that challenge that ideology. Written by well-known scholars, these articles question each of the tenets of neoliberal doctrine, showing how the policies guided by this ideology have adversely affected human development in the countries where they have been implemented.
Book Synopsis Inequality and Economic Integration by : Francesco Farina
Download or read book Inequality and Economic Integration written by Francesco Farina and published by Taylor & Francis. This book was released on 2004-08-02 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: Internationally, globalization and increased economic integration has impacted quality of life and individual well-being. Attempts to evaluate the impact on income dispersion from this process have been extremely controversial. This key volume is the first real attempt to build up indices and a theoretical framework in order to deal with inequality of opportunity, and to enable social and political institutions to monitor increasing disparities in well-being and social exclusion. It thoroughly examines the possible relationships between the recent acceleration in economic integration and inequality among persons and countries and will enable social and political institutions to monitor increasing disparities in well-being and social exclusion. The contributions to this volume cover various subfields of economics, and examine both the negative and positive spillover effects of economic integration on individuals, social groups and nations. Since the impact of globalization on the most deprived people is multidimensional in nature, the theoretical framework is extended to a multivariate context where several individual characteristics are simultaneously considered. This original volume covers many important topics and features an impressive array of respected contributors. As such, it is sure to be an invaluable resource for postgraduates and professionals in the fields of political economy and economics.
Book Synopsis Monthly Labor Review by : United States. Bureau of Labor Statistics
Download or read book Monthly Labor Review written by United States. Bureau of Labor Statistics and published by . This book was released on 1997 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.
Book Synopsis Mexican Immigration to the United States by : George J. Borjas
Download or read book Mexican Immigration to the United States written by George J. Borjas and published by University of Chicago Press. This book was released on 2007-11-01 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: From debates on Capitol Hill to the popular media, Mexican immigrants are the subject of widespread controversy. By 2003, their growing numbers accounted for 28.3 percent of all foreign-born inhabitants of the United States. Mexican Immigration to the United States analyzes the astonishing economic impact of this historically unprecedented exodus. Why do Mexican immigrants gain citizenship and employment at a slower rate than non-Mexicans? Does their migration to the U.S. adversely affect the working conditions of lower-skilled workers already residing there? And how rapid is the intergenerational mobility among Mexican immigrant families? This authoritative volume provides a historical context for Mexican immigration to the U.S. and reports new findings on an immigrant influx whose size and character will force us to rethink economic policy for decades to come. Mexican Immigration to the United States will be necessary reading for anyone concerned about social conditions and economic opportunities in both countries.
Book Synopsis Focus on Poverty by : Ralph V. Brenos
Download or read book Focus on Poverty written by Ralph V. Brenos and published by Nova Publishers. This book was released on 2006 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: It has been said that the poor will always be with us. But that does not mean we are obliged to ignore squalor. Concern about poverty stretches across national borders, from the third world to the street corners of Manhattan; whether one believes the poor are victims of their own shortcomings or of poor public policy, the impoverished cannot be ignored. This book collects a set of essays exploring the unavoidable issue of poverty. A broad array of scholars present studies and opinions about where the poor come from and what we can do to help them including such questions as gender inequality and poverty, minimum wages and development and its impact on poverty.
Book Synopsis At Home and Abroad by : Francine D. Blau
Download or read book At Home and Abroad written by Francine D. Blau and published by Russell Sage Foundation. This book was released on 2002-04-11 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout the latter part of the 20th century, the U.S. labor market performed differently than the labor markets of the world's other advanced industrialized societies. In the early 1970s, the United States had higher unemployment rates than its Western European counterparts. But after two oil crises, rapid technological change, and globalization rocked the world's economies, unemployment fell in the United States, while increasing dramatically in other nations. At the same time, wage inequality widened more in the United States than in Europe. In At Home and Abroad, Cornell University economists Francine D. Blau and Lawrence M. Kahn examine the reasons for these striking dissimilarities between the United States and its economic allies. Comparing countries, the authors find that governments and unions play a far greater role in the labor market in Europe than they do in the United States. It is much more difficult to lay off workers in Europe than in the United States, unemployment insurance is more generous in Europe, and many fewer Americans than Europeans are covered by collective bargaining agreements. Interventionist labor market institutions in Europe compress wages, thus contributing to the lower levels of wage inequality in the European Union than in the United States. Using a unique blend of microeconomic and microeconomic analyses, the authors assess how these differences affect wage and unemployment levels. In a lucid narrative, they present ample evidence that, as upheavals shook the global economy, the flexible U.S. market let wages adjust so that jobs could be maintained, while more rigid European economies maintained wages at the cost of losing jobs. By helping readers understand the relationship between different economic responses and outcomes, At Home and Abroad makes an invaluable contribution to the continuing debate about the role institutions can and should play in creating jobs and maintaining living standards.
Book Synopsis Myth and Measurement by : David Card
Download or read book Myth and Measurement written by David Card and published by Princeton University Press. This book was released on 2015-12-22 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: David Card and Alan B. Krueger have already made national news with their pathbreaking research on the minimum wage. Here they present a powerful new challenge to the conventional view that higher minimum wages reduce jobs for low-wage workers. In a work that has important implications for public policy as well as for the direction of economic research, the authors put standard economic theory to the test, using data from a series of recent episodes, including the 1992 increase in New Jersey's minimum wage, the 1988 rise in California's minimum wage, and the 1990-91 increases in the federal minimum wage. In each case they present a battery of evidence showing that increases in the minimum wage lead to increases in pay, but no loss in jobs. A distinctive feature of Card and Krueger's research is the use of empirical methods borrowed from the natural sciences, including comparisons between the "treatment" and "control" groups formed when the minimum wage rises for some workers but not for others. In addition, the authors critically reexamine the previous literature on the minimum wage and find that it, too, lacks support for the claim that a higher minimum wage cuts jobs. Finally, the effects of the minimum wage on family earnings, poverty outcomes, and the stock market valuation of low-wage employers are documented. Overall, this book calls into question the standard model of the labor market that has dominated economists' thinking on the minimum wage. In addition, it will shift the terms of the debate on the minimum wage in Washington and in state legislatures throughout the country. With a new preface discussing new data, Myth and Measurement continues to shift the terms of the debate on the minimum wage.
