The labor market is one of the most important institutions determining economic growth and its distribution, as labor income is more than two-thirds of national income. Skill levels and the efficient matching of skills to jobs are key for economic growth. Yet the labor market is not a perfectly competitive market, but rather one that is regulated by a wide array of institutions that affect labor income and its distribution.
We need a better understanding of the two-way link between equitable growth and the labor market. How does the labor market affect equitable growth? How does inequality, in turn, affect the labor market?
- The effect of the labor market on equitable growth
- The effects of inequality on the labor market
- The effects of productivity on the labor market
Explore the Grants We've Awarded
Scheduling strategies for warehouse work
Understanding the incidence of minimum wage increases
Between exclusion and cumulative advantage: Effects of within-organization mobility on inequality
New evidence on local minimum wage laws and earnings inequality
The labor market consequences of ex-offender licensing laws
Do social norms around pay influence the wage-setting behavior of firms?
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