Labor Market Institutions and Income Inequality: An Empirical Exploration

• Tác giả: Cesar Calderon
• Ngôn ngữ: eng
• Ký hiệu phân loại: 339.22 Distribution of aggregate personal income and wealth
• Thông tin xuất bản: 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 322349
• Chủ đề: 1. Economics of Regulation L510; 2. Labor Economics Policies J080; 3. Personal Income, Wealth, and Their Distributions D310

Tóm tắt

This paper presents evidence on the impact of labor regulations on income inequality using a recently published database on labor institutions and outcomes as well as different panel data analysis techniques for a large sample of countries for 1970-2000. When applying our preferred technique we find that both de jure and de facto regulations improve the distribution of income although the former appear to be non-robustly associated with improving income inequality. This result partly reflects the fact that regulations are endogenous and, more interestingly, that different regulation yield distinct effects.