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Despite a general trend of increasing labour income inequality, there have been differences in the timing, intensity and even direction of these changes across OECD countries. These stylized facts have led to numerous studies about the main determinants of labour income inequality and, as a...
Persistent link: https://www.econbiz.de/10011276848
This note, published in 1995, assesses the problems that might be entailed by the introduction of the European monetary union. It is argued that wage pressure will not be diminished by forming the union, and the stagflation problem that lies at the root of the rising trend in unemployment will...
Persistent link: https://www.econbiz.de/10008506467
The ratification of ILO Labour Standards Conventions is a key explanatory variable in the empirical literature linking labour standards to economic performance. The assumption is that ratification gives information about labour standards implemented in a country. This Paper investigates the...
Persistent link: https://www.econbiz.de/10005136736
Can the World Trade Organization (WTO) contribute to the attainment of sound labor and environmental policies? An answer requires an understanding of WTO rules. We argue that the purpose of WTO rules is to create a negotiating forum where governments can exchange secure market access...
Persistent link: https://www.econbiz.de/10005237505
During the past decade, universal labor standards have become the focus of intense debate. Advocates argue from humanitarian concerns and the interests of industrialized-country labor, seeking enforcement with WTO sanctions. Opponents regard labor regulation as a matter of national sovereignty,...
Persistent link: https://www.econbiz.de/10005820029
Despite a general trend of increasing labour income inequality, there have been differences in the timing, intensity and even direction of these changes across OECD countries. These stylized facts have led to numerous studies about the main determinants of labour income inequality and, as a...
Persistent link: https://www.econbiz.de/10009690322
Building on a detailed analysis of qualitative data collected from formal Indian apparel manufacturers and sector experts, we develop a theory to predict the effects of labor regulations on monopolistically competitive manufacturing firms' production decisions. The theory clarifies how these...
Persistent link: https://www.econbiz.de/10012942783
This paper analyzes how a country's commitment to labor standards is affected by the relative international political power they possess. Powerful countries may be less committed to actual enforcement of certain labor standards since they are unlikely to face significant threats of international...
Persistent link: https://www.econbiz.de/10014076153
Organized labor has been politically vocal in the United States ever since the movement emerged in the late 1800s. A striking development since the 1970s, however, is its hardening opposition to trade liberalization. Labor leaders have opposed virtually all legislative initiatives since the...
Persistent link: https://www.econbiz.de/10013082829
The issue of global labour standards has been at the forefront of both regional and multilateral trade negotiations over the past two decades, and will likely remain high on the agenda of future trade talks as North-South trade flows continue to increase. Labour interests in high-standards...
Persistent link: https://www.econbiz.de/10011471380