{"product_id":"9781513526904","title":"Inequality and Labor Market Institutions","description":"The SDN examines the role of labor market institutions in the rise of income inequality in advanced economies, alongside other determinants. The evidence strongly indicates that de-unionization is associated with rising top earners’ income shares and less redistribution, while eroding minimum wages are related to increases in overall income inequality. The results, however, also suggest that a lack of representativeness of unions may be associated with higher inequality. These findings do not necessarily constitute a blanket recommendation for higher unionization and minimum wages, as country-specific circumstances and potential trade-offs with other policy objectives need to be considered. Addressing inequality also requires a multipronged approach, which should include taxation reform and curbing excesses associated with financial deregulation.","brand":"INTERNATIONAL MONETARY FUND","offers":[{"title":"Default Title","offer_id":47127429841136,"sku":"9781513526904","price":5.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9781513526904_p0.jpg?v=1763724766","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9781513526904","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}