TY  - RPRT
        AU  - Koeniger, Winfried
AU  - Leonardi, Marco
AU  - Nunziata, Luca
        TI  - Labour Market Institutions and Wage Inequality
        PY  - 2004/Sep/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 1291
        UR  - https://www.iza.org/publications/dp1291
        AB  - 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.
        KW  - bilateral monopoly
KW  - wage differential by skill
KW  - labor market institutions
KW  - country panel data
        ER  -