Arbeitspapier

Unions and income inequality: A heterogeneous panel cointegration and causality analysis

Although a large body of research has examined the effects of unions on the wage distribution, surprisingly little attention has been devoted to the effects of unions on the distribution of income. This paper examines the long-run relationship between unionization and income inequality for a sample of 20 countries. Using heterogeneous panel cointegration techniques, we find that (i) unions have, on average, a negative long-run effect on income inequality, (ii) there is considerable heterogeneity in the effects of unionization on income inequality across countries (in about a third of cases the effect is positive), and (iii) long-run causality runs in both directions, suggesting that, on average, an increase in unionization reduces income inequality and that, in turn, higher inequality leads to lower unionization rates.

Sprache
Englisch

Erschienen in
Series: Diskussionspapier ; No. 146

Klassifikation
Wirtschaft
Trade Unions: Objectives, Structure, and Effects
Personal Income, Wealth, and Their Distributions
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Thema
unions
income inequality
cross-country heterogeneity
causality
panel cointegration

Ereignis
Geistige Schöpfung
(wer)
Herzer, Dierk
Ereignis
Veröffentlichung
(wer)
Helmut-Schmidt-Universität - Universität der Bundeswehr Hamburg, Fächergruppe Volkswirtschaftslehre
(wo)
Hamburg
(wann)
2014

Handle
Letzte Aktualisierung
20.09.2024, 08:23 MESZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Herzer, Dierk
  • Helmut-Schmidt-Universität - Universität der Bundeswehr Hamburg, Fächergruppe Volkswirtschaftslehre

Entstanden

  • 2014

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