Inequality and the Labor Market

Inequality and the Labor Market PDF

Author: Sharon Block

Publisher: Brookings Institution Press

Published: 2021-04-06

Total Pages: 263

ISBN-13: 0815738811

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Exploring a new agenda to improve outcomes for American workers As the United States continues to struggle with the impact of the devastating COVID-19 recession, policymakers have an opportunity to redress the competition problems in our labor markets. Making the right policy choices, however, requires a deep understanding of long-term, multidimensional problems. That will be solved only by looking to the failures and unrealized opportunities in anti-trust and labor law. For decades, competition in the U.S. labor market has declined, with the result that American workers have experienced slow wage growth and diminishing job quality. While sluggish productivity growth, rising globalization, and declining union representation are traditionally cited as factors for this historic imbalance in economic power, weak competition in the labor market is increasingly being recognized as a factor as well. This book by noted experts frames the legal and economic consequences of this imbalance and presents a series of urgently needed reforms of both labor and anti-trust laws to improve outcomes for American workers. These include higher wages, safer workplaces, increased ability to report labor violations, greater mobility, more opportunities for workers to build power, and overall better labor protections. Inequality in the Labor Market will interest anyone who cares about building a progressive economic agenda or who has a marked interest in labor policy. It also will appeal to anyone hoping to influence or anticipate the much-needed progressive agenda for the United States. The book's unusual scope provides prescriptions that, as Nobel Laureate Joseph Stiglitz notes in the introduction, map a path for rebalancing power, not just in our economy but in our democracy.

Jobs with Inequality

Jobs with Inequality PDF

Author: John Peters

Publisher: University of Toronto Press

Published: 2022-06-29

Total Pages: 399

ISBN-13: 1442665122

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Income inequality has skyrocketed in Canada over the past few decades. The rich have become richer, while the average household income has deteriorated and job quality has plummeted. Common explanations for these trends point to globalization, technology, or other forces largely beyond our control. But, as Jobs with Inequality shows, there is nothing inevitable about inequality. Rather, runaway inequality is the result of politics and policies - what governments have done to aid the rich and boost finance and what they have not done to uphold the interests of workers. Drawing on new tax and income data, John Peters tells the story of how inequality is unfolding in Canada today by examining post-democracy, financialization, and labour market deregulation. Timely and novel, Jobs with Inequality explains how and why business and government have rewritten the rules of the economy to the advantage of the few, and considers why progressive efforts to reverse these trends have so regularly run aground.

Labour Markets, Institutions and Inequality

Labour Markets, Institutions and Inequality PDF

Author: Janine Berg

Publisher: Edward Elgar Publishing

Published: 2015-01-30

Total Pages: 430

ISBN-13: 1784712108

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Labour market institutions, including collective bargaining, the regulation of employment contracts and social protection policies, are instrumental for improving the well-being of workers, their families and society. In many countries, these instituti

Inequality In Labor Market Areas

Inequality In Labor Market Areas PDF

Author: Joachim Singelmann

Publisher: Routledge

Published: 2019-05-20

Total Pages: 291

ISBN-13: 0429715277

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During the past two decades, many attempts have been made to refocus stratification research and the study of inequality. The contributors to this volume have a long-term concern with the importance of space and locality. Many of them belonged to a research project during the early 1980s that had as one of its main aims the analysis of labor force

Inequality and Labor Market Institutions

Inequality and Labor Market Institutions PDF

Author: Ms.Florence Jaumotte

Publisher: International Monetary Fund

Published: 2015-07-01

Total Pages: 32

ISBN-13: 1513526901

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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.

Inequality In Labor Market Areas

Inequality In Labor Market Areas PDF

Author: Forrest A Deseran

Publisher: Westview Press

Published: 1993

Total Pages: 376

ISBN-13:

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Inequalities in Labour Market Areas makes use of the increased availability of socioeconomic and demographic data coupled with geography to further understanding of social and economic inequalities in labour markets in both rural and urban settings.

Critical Race Theory and Inequality in the Labour Market

Critical Race Theory and Inequality in the Labour Market PDF

Author: Ebun Joseph

Publisher:

Published: 2021-11

Total Pages: 248

ISBN-13: 9781526160300

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This book employs critical race theory as a theoretical and analytical framework to unveil how racial stratification shapes the socioeconomic outcomes and racial inequality in the labour market. The pages guide students interested in CRT and investigating racism, discrimination and inequality.

Globalisation, Higher Education, the Labour Market and Inequality

Globalisation, Higher Education, the Labour Market and Inequality PDF

Author: Antonia Kupfer

Publisher: Routledge

Published: 2014-07-16

Total Pages: 241

ISBN-13: 1317978269

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Globalisation, Higher Education, the Labour Market and Inequality addresses the global transformation of higher education in relation to changes in the labour market. It focuses on the relative impact of elements of globalisation on social inequality, and provides insights into the ways in which these general forces of change are transformed into specific policies shaped by global forces and the various national values, institutional structures and politics of the specified societies. The book begins with a theoretical conceptualization for a comparative understanding of globalization, higher education, labour markets and inequality. This is followed by a range of mainstream accounts from an international selection of contributors of the ways in which national systems have responded to the forces of globalisation and the increasing demand for higher education graduates – in Australia, the Czech Republic, Germany, Japan, New Zealand and the UK. Finally, contributors explore more specific concerns such as the transition from higher education to the labour market in China and Sweden, the division of the ‘knowledge’ workers into traditional social groups in the US, and the role and salience of Doctoral programmes in South Africa in developing a knowledge economy. This book was originally published as a special issue of the Journal of Education and Work.

Inequality in the Spanish Labor Market During the COVID-19 Crisis

Inequality in the Spanish Labor Market During the COVID-19 Crisis PDF

Author: Ana Lariau

Publisher: International Monetary Fund

Published: 2022-01-28

Total Pages: 27

ISBN-13:

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We analyze the differential impact of the COVID-19 crisis on the Spanish labor market across population groups, as well as its implications for income inequality. The main finding is that young, less educated, and low skilled workers, as well as women are the most affected by the COVID-19 shock in terms of job loss rates. The differential impacts were especially acute at the height of the pandemic in 2020 and remain robust after taking into account the heterogeneity of sector characteristics. Given that these vulnerable groups were positioned in the lower end of the income distribution before the crisis, we hypothesize that income inequality likely has increased due to the pandemic. Policies aiming at reducing inequality in the labor market need to go beyond measures that target the hardest-hit sectors and support the vulnerable groups more directly.

Do Labor Market Policies and Growth Fundamentals Matter for Income Inequality in Oecd Countries? Some Empirical Evidence

Do Labor Market Policies and Growth Fundamentals Matter for Income Inequality in Oecd Countries? Some Empirical Evidence PDF

Author: Mr.Patrick Van Houdt

Publisher: International Monetary Fund

Published: 1997-01-01

Total Pages: 27

ISBN-13: 1451841868

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Income distribution may be related to fundamentals affecting economic growth and to labor market policies. Noting that inequality is affected by unemployment. This paper presents a model in which labor market policies affect unemployment which in turn affects inequality. The model also includes the effects of changes in per capita income on inequality through the accumulation of physical capital and technological know–how. When a resulting reduced–form relationship is estimated, its explanatory power is surprisingly high: on average, it explains about three quarters of the variation in inequality measures for the OECD countries, and Granger Causality tests confirm the model’s predictions.