Global Wage Report 2020-21


Book Description

This ILO flagship report examines the evolution of real wages around the world, giving a unique picture of wage trends globally and by region. The 2020-21 edition analyses the relationship of minimum wages and inequality, as well as the wage impacts of the COVID-19 crisis. The 2020-21 edition also reviews minimum wage systems across the world and identifies the conditions under which minimum wages can reduce inequality. The report presents comprehensive data on levels of minimum wages, their effectiveness, and the number and characteristics of workers paid at or below the minimum. The report highlights how adequate minimum wages, statutory or negotiated, can play a key role in a human-centred recovery from the crisis







Law and Employment


Book Description

Law and Employment analyzes the effects of regulation and deregulation on Latin American labor markets and presents empirically grounded studies of the costs of regulation. Numerous labor regulations that were introduced or reformed in Latin America in the past thirty years have had important economic consequences. Nobel Prize-winning economist James J. Heckman and Carmen Pagés document the behavior of firms attempting to stay in business and be competitive while facing the high costs of complying with these labor laws. They challenge the prevailing view that labor market regulations affect only the distribution of labor incomes and have little or no impact on efficiency or the performance of labor markets. Using new micro-evidence, this volume shows that labor regulations reduce labor market turnover rates and flexibility, promote inequality, and discriminate against marginal workers. Along with in-depth studies of Colombia, Peru, Brazil, Argentina, Chile, Uruguay, Jamaica, and Trinidad, Law and Employment provides comparative analysis of Latin American economies against a range of European countries and the United States. The book breaks new ground by quantifying not only the cost of regulation in Latin America, the Caribbean, and in the OECD, but also the broader impact of this regulation.




The Economics of Non-Wage Labour Costs (Routledge Revivals)


Book Description

Throughout the OECD, 30% of the average firm’s total labour costs comprises items which are other than direct remuneration. This reissue, first published in 1984, focuses upon these non-wage labour costs, which include; fringe-benefit payments, obligatory social-welfare contributions, holiday entitlements and expenditures on recruitment and training, seeking to make amends for the woeful lack of consideration given to these important factors in previous wage literature. The book focuses on two major areas of enquiry: firstly, the costs for the cyclical behaviour of employment, and secondly, the role of average working hours per employee in the firm’s overall allocation of labour services. The author begins with an empirical survey and costs breakdown, followed by extensive data on Japan, the UK, the USA and West Germany. The ensuing analysis considers the question as to why firms incur the various non-wages, and a comparative static factor demand model is constructed, which accommodates the major cost items.




International Labor Standards and International Trade


Book Description

This paper reviews controversies regarding linkage of international trade and labor standards. Pressures for international harmonization of labor standards arise in the context of increased trade between countries with large disparities in wages, and also reflect the history of labor standards. A critical distinction is made between standards related to fundamental human rights and those related to employment conditions. The main conclusion is that trade sanctions to enforce labor standards should not be an option, but that international agreements on core labor standards, with voluntary compliance, may, apart from being worthwhile on ethical grounds, defuse calls for protection.







Key Indicators of the Labour Market


Book Description

This valuable, wide-ranging reference tool meets the ever-increasing demand for timely, accurate and accessible information on the rapidly changing world of work. Now in its third edition, Key Indicators of the Labour Market (KILM) provides the general reader, as well as the expert, with concise explanations and analysis of the data on the world's labour markets. Harvesting vast information from international data repositories, and regional and national statistical sources, this important reference work offers data for over 200 countries for the years 1980, 1990, 1995 and the latest available subsequent five years. The volume employs an expanded, up-to-date range of 20 key labour market indicators allowing researchers to compare and contrast between economies and within regions across time. Using statistical data on the labour force, employment, unemployment, underemployment, educational attainment of the workforce, wages and compensation, productivity and labour costs, labour market flows, and poverty and income distribution as market indicators, it enables users to access the most current information available. Maps and graphics are used throughout to highlight key points. The third edition of the KILM includes interactive software which duplicates the printed book but allows for data updates every six months.




Main Economic Indicators Comparative Methodological Analysis: Wage related statistics Volume 2002 Supplement 3


Book Description

This publication compares key aspects of statistical methodologies used by OECD member countries in the compilation of wage related statistics. Such statistics comprise wages and earnings, minimum wages, labour costs and prices, unit labour costs and household income.




BLS Handbook of Methods


Book Description