Do Interactions between Finance and Labour Market Institutions Affect the Income Distribution?

Abstract : This article analyses the linkages between financial development, labour market institutions and market income inequality for 18 Organisation for Economic Co-operation and Development countries over the 1980 to 2012 period. With the help of a dynamic panel data model with an interacted term, one crucial contribution of this article is to analyse the interacted impact of labour market institutions (i.e. union density and employment protection legislation) on the one hand and financial development on the other hand on the income distribution. Our results indicate that changes in the financial/credit and labour market regulation affect the income distribution. Estimates of the marginal effects show that by increasing labour market regulation one also weakens the impact of the flexibilization in the financial/credit market on the increase in income inequality.
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Article dans une revue
LABOUR, Wiley, 2016, 〈10.1111/labr.12070〉
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https://hal-paris1.archives-ouvertes.fr/hal-01248984
Contributeur : Thibault Darcillon <>
Soumis le : mardi 29 décembre 2015 - 17:19:07
Dernière modification le : mardi 30 janvier 2018 - 17:50:04

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Thibault Darcillon. Do Interactions between Finance and Labour Market Institutions Affect the Income Distribution?. LABOUR, Wiley, 2016, 〈10.1111/labr.12070〉. 〈hal-01248984〉

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