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Based on data analysis and surveys of firms in four countries, focuses on wage fixing in the informal economy and the role of the minimum wage in informal wage determination. Includes also information on working hours in informal firms.
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This paper looks at possible transmission channels through which the 2008 crisis might affect the earnings distribution (changes in employment composition, changes in hours of work and changes in pay structure). In addition to the earnings channel, the crisis may also affect the income...
Persistent link: https://www.econbiz.de/10010966646
This paper provides evidence that from 1985 to 2005, two thirds of OECD countries have seen an increase in earnings inequality. In nearly half of these countries, the widening was driven by an increase in inequality at both the top and the bottom of the distribution. In the other half, rising...
Persistent link: https://www.econbiz.de/10010966740
In the aftermath of the 2007 US initiated financial crisis, labour market conditions have deteriorated between mid-2008 and mid-2009 across all European countries with massive employment losses recorded in both advanced economies and emerging economies. However, policy responses to mitigate the...
Persistent link: https://www.econbiz.de/10010966987