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Labour market institutions still matter for workforce equality in the knowledge economy

Hope, David and Martelli, Angelo (2018) Labour market institutions still matter for workforce equality in the knowledge economy. LSE European Politics and Policy (EUROPP) Blog (09 Jan 2018). Website.

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Abstract

The latter decades of the 20th century saw the rise of the so called 'knowledge economy' in Europe, with service sectors such as finance and telecommunications coming to dominate national economies. But these changes also occurred alongside a growth in income inequality across advanced democracies. As David Hope and Angelo Martelli highlight, many observers have assumed that the transition to the knowledge economy has weakened the ability of labour market institutions, such as coordinated wage setting and employment protection legislation, to combat inequality. However, drawing on a new study, they illustrate that labour market institutions still retain the capacity to shelter workers from structural changes in the economy, including the continued shift of workers into high-value added service sectors.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/europpblog
Additional Information: © 2018 The Author(s); Online
Divisions: LSE
Subjects: H Social Sciences > HB Economic Theory
Sets: Collections > LSE European Politics and Policy (EUROPP) Blog
Date Deposited: 20 Jun 2018 11:27
Last Modified: 19 Nov 2019 16:31
URI: http://eprints.lse.ac.uk/id/eprint/88413

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