Add wos sample results library
This commit is contained in:
parent
6305e61d1f
commit
19e409ad85
2173 changed files with 235628 additions and 20 deletions
|
|
@ -0,0 +1,65 @@
|
|||
abstract: 'This study analyzes the long-term effect of labor market institutions,
|
||||
|
||||
such as minimum wage and union density, on inequality, investment,
|
||||
|
||||
growth, and consumption, by using data of the member countries of the
|
||||
|
||||
Organization for Economic Cooperation and Development since the 1970s.
|
||||
|
||||
Labor market institution variables are used to test arguments on
|
||||
|
||||
wage-led growth theory.
|
||||
|
||||
Panel cointegration approach was used to investigate the long-term
|
||||
|
||||
effect of these variables. Results of panel cointegration test show that
|
||||
|
||||
variables of labor market institutions are not robustly correlated to
|
||||
|
||||
macroeconomic outcomes in the long run. This condition is not in
|
||||
|
||||
accordance with the findings of the proponents and critics of wage-led
|
||||
|
||||
growth. No robust evidence exists to show that increasing minimum wage
|
||||
|
||||
and union density, which are representative policies for wage-led
|
||||
|
||||
growth, are correlated to inequality, labor income share, consumption,
|
||||
|
||||
investment, or growth in the long run. Estimation results of this study
|
||||
|
||||
suggest that the empirical basis of support and criticism for wage-led
|
||||
|
||||
growth theory is weak.'
|
||||
affiliation: 'Shin, H (Corresponding Author), Seoul Natl Univ, Ctr Distribut Justice,
|
||||
Seoul, South Korea.
|
||||
|
||||
Shin, Hochul, Seoul Natl Univ, Ctr Distribut Justice, Seoul, South Korea.'
|
||||
author: Shin, Hochul
|
||||
author-email: s2h3c7@gmail.com
|
||||
author_list:
|
||||
- family: Shin
|
||||
given: Hochul
|
||||
da: '2023-09-28'
|
||||
files: []
|
||||
issn: 1225-0279
|
||||
journal: SEOUL JOURNAL OF ECONOMICS
|
||||
keywords: Wage-led growth; Minimum wage; Union density; Panel cointegration
|
||||
keywords-plus: 'NATIONAL MINIMUM-WAGE; INCOME INEQUALITY; STOCK MARKETS; IMPACT;
|
||||
|
||||
FINANCIALISATION; EMPLOYMENT; TESTS; RISE; PRODUCTIVITY; INVESTMENT'
|
||||
language: English
|
||||
number: '2'
|
||||
number-of-cited-references: '68'
|
||||
pages: 225-256
|
||||
papis_id: b5f05c67188924bfe6aaa1f4f5bcfc89
|
||||
ref: Shin2019labormarket
|
||||
times-cited: '1'
|
||||
title: 'Labor Market Institutions and Wage-led Growth: A Panel Cointegration Approach'
|
||||
type: Article
|
||||
unique-id: WOS:000469805500004
|
||||
usage-count-last-180-days: '0'
|
||||
usage-count-since-2013: '5'
|
||||
volume: '32'
|
||||
web-of-science-categories: Economics
|
||||
year: '2019'
|
||||
Loading…
Add table
Add a link
Reference in a new issue