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dc.contributor.authorChecchi, Danieleen_US
dc.contributor.authorGarcía-Peñalosa, Ceciliaen_US
dc.date.accessioned2009-01-28T15:54:52Z-
dc.date.available2009-01-28T15:54:52Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/19072-
dc.description.abstractWe examine the determinants of differences across countries and over time in the distribution of personal incomes in the OECD. The Gini coefficient of personal incomes can be expressed as a function of the wage differential, the labour share, and the unemployment rate, hence labour market institutions are an essential determinant of the distribution of income, although the sign of their impact is ambiguous. We use a panel of OECD countries for the period 1970- 96 to examine these effects. We find, first, that the labour share remains an important determinant of overall inequality patterns, and, second, that stronger unions and a more generous unemployment benefit tend to reduce income inequality. High capital-labour ratios also emerge as a strong equalising factor, which has in part offset the impact of increasing wage inequality on the US distribution of personal incomes.en_US
dc.language.isoengen_US
dc.relation.ispartofseriesCESifo working papers 1608en_US
dc.subject.jelD33en_US
dc.subject.jelD31en_US
dc.subject.ddc330en_US
dc.subject.keywordincome inequalityen_US
dc.subject.keywordlabour shareen_US
dc.subject.keywordtrade unionsen_US
dc.subject.stwEinkommensverteilungen_US
dc.subject.stwArbeitsmarktflexibilisierungen_US
dc.subject.stwLohnstrukturen_US
dc.subject.stwArbeitslosigkeiten_US
dc.subject.stwLohnquoteen_US
dc.subject.stwKapitalintensitäten_US
dc.subject.stwSchätzungen_US
dc.subject.stwOECD-Staatenen_US
dc.titleLabour market institutions and the personal distribution of income in the OECDen_US
dc.typeWorking Paperen_US
dc.identifier.ppn509694012en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
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