Publikation:

Globalization and Labour Markets Deregulation

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04-08.pdf
04-08.pdfGröße: 342.56 KBDownloads: 117

Datum

2004

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Dimitrova, Teodora
Tchipev, Anton

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Zusammenfassung

We present a model consistent with the stylized fact that rigid Europe has witnessed higher unemployment and a more compressed wage structure than flexible America . A distinguishing feature of the present paper is that it endogenises the labour market regulations that account for this divergent experience. We use our political economy model to investigate the policy responses to globalization, i.e. to an increase in international capital mobility. It turns out that labour market institutions are not necessarily scaled down in the course of globalization; rather, the direction of the globalization-induced policy response is determined by the relative strength of the politically active groups.

Zusammenfassung in einer weiteren Sprache

Fachgebiet (DDC)
330 Wirtschaft

Schlagwörter

Arbeitslosigkeit, Mindestlohn, Lobbying, Unemployment, Minimum wage, Lobbying

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ISO 690DIMITROVA, Teodora, Anton TCHIPEV, 2004. Globalization and Labour Markets Deregulation
BibTex
@techreport{Dimitrova2004Globa-12277,
  year={2004},
  series={Diskussionspapiere der DFG-Forschergruppe Heterogene Arbeit},
  title={Globalization and Labour Markets Deregulation},
  number={04/08},
  author={Dimitrova, Teodora and Tchipev, Anton}
}
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