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|c 5.00 USD
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|z 9781513577258
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|a 2617-6750
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|a BD-DhAAL
|c BD-DhAAL
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|a Jaumotte, Florence.
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|a Inequality and Labor Market Institutions /
|c Florence Jaumotte, Carolina Osorio Buitron.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2015.
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|a 1 online resource (30 pages)
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|a Staff Discussion Notes
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a The SDN examines the role of labor market institutions in the rise of income inequality in advanced economies, alongside other determinants. The evidence strongly indicates that de-unionization is associated with rising top earners' income shares and less redistribution, while eroding minimum wages are related to increases in overall income inequality. The results, however, also suggest that a lack of representativeness of unions may be associated with higher inequality. These findings do not necessarily constitute a blanket recommendation for higher unionization and minimum wages, as country-specific circumstances and potential trade-offs with other policy objectives need to be considered. Addressing inequality also requires a multipronged approach, which should include taxation reform and curbing excesses associated with financial deregulation.
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|a Mode of access: Internet
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|a Osorio Buitron, Carolina.
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|a Staff Discussion Notes; Staff Discussion Notes ;
|v No. 2015/014
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/006/2015/014/006.2015.issue-014-en.xml
|z IMF e-Library
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