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2020, vol. 67, br. 3, str. 291-308
Employment protection legislation and labour income shares in Europe
(naslov ne postoji na srpskom)
aUniversity of Cambridge, Department of Land Economics, Cambridge, UK
bUniversity of the Basque Country UPV/EHU, Department of Applied Economics V, Bilbao, Spain

e-adresapa267@cam.ac.uk, jesus.ferreiro@ehu.eus, carmen.gomez@ehu.eus
Projekat:
This paper has been funded by the Spanish Ministry of Economics and Competitiveness (Project Reference: RTI2018-099225-B-I00)

Ključne reči: Employment protection legislation; Labour markets; Labour income share; Income distribution
Sažetak
(ne postoji na srpskom)
The paper analyses the determinant elements of the evolution of labour income share, measured by the size of compensation of employees as a percentage of GDP in twenty European economies. In doing so, special attention is paid to the impact of employment protection legislation. Our study's results show that the evolution of labour income share is explained by the economic growth, the growth of employment and unemployment rates, and the growth of real wages. Regarding employment protection, only employment protection for temporary workers matters. Our results shows that stricter provisions on the use of fixed-term and temporary agency contracts have a positive impact on the growth of the labour shares.
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O članku

jezik rada: engleski
vrsta rada: izvorni naučni članak
DOI: 10.2298/PAN2003291A
objavljen u SCIndeksu: 02.09.2020.
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