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
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