01967cas a2200253 a 4500 AALejournalIMF015285 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513577258 2617-6750 BD-DhAAL BD-DhAAL Jaumotte, Florence. Inequality and Labor Market Institutions / Florence Jaumotte, Carolina Osorio Buitron. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (30 pages) Staff Discussion Notes <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet Osorio Buitron, Carolina. Staff Discussion Notes; Staff Discussion Notes ; No. 2015/014 Full text available on IMF http://elibrary.imf.org/view/journals/006/2015/014/006.2015.issue-014-en.xml IMF e-Library