Does the State Benefit Labor? A Cross-Country Comparison of the Net Social Wage
Thanasis Maniatis
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Thanasis Maniatis: University of Athens, Athens, Greece
Review of Radical Political Economics, 2014, vol. 46, issue 1, 15-34
Abstract:
This article discusses the empirical literature on the net transfer between labor and the state. It also provides international comparisons of the net social wage in the United States and other advanced capitalist economies on a consistent basis. The results indicate that the welfare state in the United States differs significantly in its impact on the income of labor from other advanced capitalist countries. This claim is based on the fact that the net social wage ratio in the United States is much smaller than that of other countries when all are estimated by the same empirical method.
Keywords: welfare state; net transfer; net social wage (search for similar items in EconPapers)
JEL-codes: B51 H53 P16 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:46:y:2014:i:1:p:15-34
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