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Labour-market institutions, (un)employment, wages, and growth: theory and data

2017Journal article Restricted access
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dc.contributor.authorAfonso, Oscar
dc.contributor.authorBandeira, Ana M.
dc.contributor.authorMagalhães, Manuela
dc.date.accessioned2023-01-27T16:01:38Z
dc.date.available2023-01-27T16:01:38Z
dc.date.issued2017
dc.description.abstractWe analyse the implications of labour-market institutions on wage inequality in favour of skilled labour, on relative unemployment of unskilled labour, and on the economic growth rate in two clusters resulting from 27 OECD countries: Cluster 1, closely related with the Anglo-Saxon model, and Cluster 2, dominated by the Continental-European model. By linking the unskilled wage to the skilled one in Cluster 2, due to the indexation of social benefits to per-capita income, we accommodate the observed paths of the three variables in both clusters between 1991 and 2008: Cluster 1 presents a higher wage inequality in favour of skilled labour, a lower unemployment of the unskilled labour, and a better economic growth ratept_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.doi10.1080/00036846.2017.1332748pt_PT
dc.identifier.urihttp://hdl.handle.net/10400.22/21963
dc.language.isoengpt_PT
dc.subjectLabour-market institutionspt_PT
dc.subject(Un)employmentpt_PT
dc.subjectEndogenous economic growthpt_PT
dc.subjectCalibrationpt_PT
dc.subjectWage inequalitypt_PT
dc.titleLabour-market institutions, (un)employment, wages, and growth: theory and datapt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.endPage633pt_PT
oaire.citation.issue6pt_PT
oaire.citation.startPage613pt_PT
oaire.citation.titleApplied Economicspt_PT
oaire.citation.volume50pt_PT
person.familyNameAtanázio Afonso
person.familyNameBandeira
person.givenNameOscar João
person.givenNameAna Maria Alves
person.identifierA-3005-2017
person.identifier.ciencia-id361D-A61B-F779
person.identifier.ciencia-id3317-85F3-1CB7
person.identifier.orcid0000-0002-9597-9850
person.identifier.orcid0000-0003-2324-9119
person.identifier.scopus-author-id55025654000
rcaap.rightsclosedAccesspt_PT
rcaap.typearticlept_PT
relation.isAuthorOfPublicationb4ac3364-c235-4cc4-a621-4ce9711afa3f
relation.isAuthorOfPublication39192682-576f-4fd3-8cb5-63e7313e55f0
relation.isAuthorOfPublication.latestForDiscovery39192682-576f-4fd3-8cb5-63e7313e55f0

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