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Unemployment versus inactivity: An analysis of the earnings and labor force status of prime age men in France, the UK, and the US at the end of the 20th century

Bi?áková, Alena - 2005

negative effect on the wage of the low-skilled at the bottom of the wage distribution. With lower returns from employment, the …. The findings provide evidence against the commonly used argument that wage flexibility improves the employment prospects …

Persistent link: https://www.econbiz.de/10010335418

Labour market institutions and income inequality

Checchi, Daniele; García-Peñalosa, Cecilia - 2008

The recent debate on trends in inequality in industrial countries has been marred by the lack of consensus about the relevant concept of inequality. Labour economists are concerned with inequality in earnings, macroeconomists with movements in the wage share, while policy-makers tend to focus on...

Persistent link: https://www.econbiz.de/10010335535