%0 Report
        %A Koeniger, Winfried
%A Leonardi, Marco
%A Nunziata, Luca
        %T Labour Market Institutions and Wage Inequality
        %D 2004
        %8 2004 Sep
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 1291
        %U https://www.iza.org/publications/dp1291
        %X In this paper we investigate the importance of labor market institutions such as unemployment insurance, unions, firing regulation and minimum wages for the evolution of wage inequality across countries. We derive a simple log-linear equation of the wage differential as a function of the institutional parameters, total factor productivity, final good prices and relative skill supply. Our estimates for 11 OECD countries imply that labor market institutions can account for a large part of the change of wage inequality across countries after controlling for time and country effects.
        %K bilateral monopoly
%K wage differential by skill
%K labor market institutions
%K country panel data