Worker Endowments and the Effects of Institutions on Earnings Realization: A Cross‐National Comparison
研究了美国和荷兰的制度差异如何影响工人潜在收入的实现，发现荷兰的就业匹配、失业救济、最低工资及工会制度更有利于提高工人保留工资和实际收入。
In this study we investigate how differential institutions, and their observance within regional labor markets, impact potential earnings realization. We investigate institutional linkages to labor market outcomes by means of cross‐nation comparisons between the United States and the Netherlands. In this regard, better job‐matching (information) programs, higher relative unemployment benefits and minimum wages, and a greater prevalence of both trade unionism and collective bargaining likely work to the favor of Dutch workers, and in turnaugment their reservation wages during job search. The predictable outcome of higher earnings realization among Dutch workers is tested econometrically by frontier estimation.