Must We Choose? European Unemployment, American Inequality and the Impact of Education and Labour Market Institutions

Alicia Adsera and C. Boix

UFAE and IAE Working Papers from Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC)

Abstract: In the last fifteen years two equilibria have arisen in the advaced world. On the one hand, wage dispersion has widened in those countries where unemployment has remained low (with cyclical variation). On the other hand, wherever income inequality has remained unchaged, unemployment has shot upwards. To account for there distinct patterns, a combination of current theories - focusing separately on either technological and trade shocks or institutional arrangements - is required.

Keywords: UNEMPLOYMENT; INCOME DISTRIBUTION; EDUCATION; CORPORATISM (search for similar items in EconPapers)
JEL-codes: E25 J20 (search for similar items in EconPapers)
Pages: 37 pages
Date: 1998
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: Must we choose? European unemployment, American inequality, and the impact of education and labor market institutions (2000)
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:aub:autbar:414.98

Access Statistics for this paper

More papers in UFAE and IAE Working Papers from Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC) Contact information at EDIRC.
Bibliographic data for series maintained by Xavier Vila ().