scholarly journals Minimum Wages, Labor Market Institutions, and Female Employment and Unemployment: A Cross-Country Analysis

2010 ◽  
Author(s):  
John T. Addison ◽  
Orgul D. Ozturk
Keyword(s):  
Labor Market ◽  
Minimum Wages ◽  
Female Employment ◽  
Labor Market Institutions ◽  
Market Institutions ◽  
Country Analysis ◽  
Cross Country

Are Good Industrial Relations Good for the Economy?

2009 ◽  
Vol 10 (3) ◽  
pp. 253-269 ◽  
Author(s):  
John T. Addison ◽  
Paulino Teixeira
Keyword(s):  
Labor Market ◽  
Firm Performance ◽  
Industrial Relations ◽  
Labor Market Institutions ◽  
Market Institutions ◽  
Microeconomic Analysis ◽  
Separate Line ◽  
Cross Country ◽  
Good For

Abstract Recent US microeconomic analysis indicates that good industrial relations might improve firm performance. Of late, it has also been claimed that the benefits of industrial relations quality - proxied inversely by a strikes variable - could also extend to the macroeconomy. Using cross-country data, we find that, independent of other labor market institutions, a lower strike volume is associated with lower unemployment. Although there is a separate line of causation running from unemployment to strikes, our analysis suggests that this is not dominant. That said, support for the notion that macro performance owes something to good industrial relations is, however, weakened once we formally control for strike endogeneity.

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