Missing links in the inclusive growth debate: Functional income distribution and labour market institutions

Ignacio Alvarez (), Maarten Keune, Jesús Cruces and Jorge Uxó

International Labour Review, 2021, vol. 160, issue 3, 337-362

Abstract: This article examines the extent to which “inclusive growth” proposals made by various international organizations are consistent with their own objectives. The authors identify two commonly overlooked “missing links”: functional income distribution and collective bargaining coverage. Using a panel of 42 advanced countries for the period 1990–2018, they find that the first has an important influence on income inequality and the second plays a significant role in explaining increases in the wage share and reductions in income inequality. Consequently, these two factors must be fully integrated into the policy debate of international organizations if inclusive growth is to be successfully promoted.

Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1111/ilr.12203

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:intlab:v:160:y:2021:i:3:p:337-362

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0020-7780

Access Statistics for this article

International Labour Review is currently edited by Mark Lansky

More articles in International Labour Review from International Labour Organization Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().