Article in Journal
Globalisation and Labour Market Institutions
Niklas Potrafke
ifo Institut, München, 2013
ifo Schnelldienst, 2013, 66, Nr. 04, 32-35
ifo Institut, München, 2013
ifo Schnelldienst, 2013, 66, Nr. 04, 32-35
Many critics assume that protection from dismissal and unemployment benefits will be lowered and legal minimum wages will be reduced, or not even introduced in the first place, as a result of globalisation. A new study investigating the influence of globalisation on labour market institutions in 140 countries shows that there is no proof that globalisation has led to labour market deregulation.
JEL Classification: A130, C430, D630, F010, P520