Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/19072
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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 distributionof personal incomes in the OECD. The Gini coefficient of personal incomes can be expressedas a function of the wage differential, the labour share, and the unemployment rate, hencelabour market institutions are an essential determinant of the distribution of income, althoughthe 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 importantdeterminant of overall inequality patterns, and, second, that stronger unions and a moregenerous unemployment benefit tend to reduce income inequality. High capital-labour ratiosalso emerge as a strong equalising factor, which has in part offset the impact of increasingwage inequality on the US distribution of personal incomes.en_US
dc.language.isoengen_US
dc.publisher|aCenter for Economic Studies and Ifo Institute (CESifo) |cMunich-
dc.relation.ispartofseries|aCESifo Working Paper |x1608en_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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