EconStor >
Forschungsinstitut zur Zukunft der Arbeit (IZA), Bonn >
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/20636
  
Title:Earnings-Related Unemployment Benefits in a Unionised Economy PDF Logo
Authors:Madsen, Jakob B.
Goerke, Laszlo
Issue Date:2003
Series/Report no.:IZA Discussion paper series 701
Abstract:We show that a stronger earnings relationship of unemployment compensation reduces wages and increases employment in an economy in which wages are determined by a trade union that maximises the rent from unionisation. The opposite result applies for a utilitarian union. Using manufacturing and non-manufacturing data for 16 OECD countries, estimates suggest that a 10% increase in the earnings relationship is associated with a 1.9% fall in manufacturing wages, a 0.6% reduction in non-manufacturing wages and a 7.3% reduction in unemployment.
Subjects:earnings relationship
OECD
panel data
trade union
unemployment
unemployment benefits
JEL:E24
J51
J65
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

Files in This Item:
File Description SizeFormat
dp701.pdf329.95 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/20636

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.