Labour Market Institutions and the Personal Distribution of Income in the OECD



Figure 3 — Counterfactual 1: US inequality with French labour market outcomes

US with French labour share and wage differential


1970                 1980                 1990                2000

year

predicted                ---with French labour share

with French wage ratio

Figure 4 — Counterfactual 2: UK and Norway inequalities with US labour market outcomes

Counterfactual with US labour share and wage differential

United Kingdom


year


predicted--wth US lab.sh


----- predicted
----wth US wage ratio


wth US lab.sh


----wth US wage ratio


24




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