Friday, July 17, 2015
“IMF economists have found a decline in unionization—that is, the reduction in the proportion of workers who are union members—and the erosion of minimum wages to be associated with rising inequality in advanced economies. However, these findings do not necessarily constitute a blanket recommendation for higher unionization and minimum wages.” Read the IMF Survey story and the paper.
This work adds to the growing stock of IMF work on inequality. Here’s:
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