Labour Market Inequalities
Problems and Policies of Low-Wage Employment in International Perspective
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Product details:
- Publisher OUP Oxford
- Date of Publication 19 October 2000
- ISBN 9780199241699
- Binding Hardback
- No. of pages264 pages
- Size 242x163x19 mm
- Weight 499 g
- Language English
- Illustrations halftones, line illustrations 0
Categories
Short description:
Contributions to this volume review, in international perspective, the European social model of collective bargaining, minimum wages, employment rights, and social welfare support, which is seen as both cause and cure for joblessness and low-wage employment in Europe. They find that collective bargaining and minimum wages protect vulnerable workers, while wage flexibility is not economically effective in creating jobs for the low-skilled.
MoreLong description:
Low-skilled workers face a future of joblessness or low-wage, insecure employment as technological change and globalization impact on the advanced economies. 'The European social model' of collective bargaining, minimum wages, employment rights, and social welfare support is alternately cited as both cause and cure. The contributions to this book review the evidence and find that, while the European model cannot remedy adverse global trends affecting low-skilled workers, it does achieve significant success in moderating them. Collective bargaining and wage regulation reduce the incidence of low pay. Minimum wages at prevailing levels provide significant wage protection for more vulnerable workers, without substantial job losses. The significant 'jobs deficit' of Germany relative to the USA in low-wage services is not the outcome of excessively high German wages. Conversely, reliance on wage flexibility to create jobs for the low-skilled does not emerge as economically effective, and can no longer be regarded as the simple panacea.
MoreTable of Contents:
Introduction
Wage inequalities and low pay: the role of labour market institutions
Employment inequalities
Low pay - a special affliction of women
Earnings mobility of the low-paid
Low pay and household poverty
Minimum wages and low-wage employment
The French experience of youth employment programmes and payroll tax exemptions
Low-wage services: interpreting the US-German difference
The downside of trade or technological change? Explaining the deteriorating employment and wage position of the low-skilled
Skills and low pay: upgrading or over-education?
