Earnings-related unemployment benefits and unemployment

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• 作者：Goerke ; Laszlo ; Madsen ; Jakob B.
• 关键词：E 24 ; J 51 ; J 65 ; Earnings relationship ; Panel data ; Trade union ; Unemployment ; Unemployment benefits
• 刊名：Economic Systems
• 出版年：2003
• 期刊代码：8_09393625
• 类别：eco
• 出版时间：March, 2003
• 卷：27
• 期：1
• 页码：41-62
• 文件大小：164 K

摘要

We show that a stronger earnings relationship of unemployment compensation reduces wages and increases employment in an economy in which wages are determined by a trade union that maximises the rent from unionisation. The opposite result applies for a utilitarian union. Using manufacturing and non-manufacturing data for 16 OECD countries, estimates suggest that a 10%increase in the earnings relationship is associated with a 1.9%fall in manufacturing wages, a 0.6%reduction in non-manufacturing wages and a 7.3%reduction in unemployment.