Showing 1 - 6 of 6
This paper establishes theoretical and empirical linkages between union wage setting and the structure of the wage distribution. Theoretically, we identify conditions under which a right-to-manage model implies compression of the wage distribution in the union sector relative to the nonunion...
Persistent link: https://www.econbiz.de/10005860523
For more than fifty years, the Solow decomposition (Solow 1957) has served as the standard measurement of total factor productivity (TFP) growth in economics and management, yet little is known about its precision, especially when the capital stock is poorly measured. Using synthetic data...
Persistent link: https://www.econbiz.de/10005860524
Standard models of equilibrium unemployment assume exogenous labour market institutions and flexible wage determination. This paper models wage rigidity and collective bargaining endogenously, when workers differ by observable skill and may adopt either individualised or collective wage...
Persistent link: https://www.econbiz.de/10005860575
The secular rise of European unemployment since the 1960s is hard to explain without reference to structural change. This is especially true in Germany, where industrial employment has declined by more than 30% and service sector employment has more than doubled over the past three decades....
Persistent link: https://www.econbiz.de/10005861189
Zeitarbeit bietet Unternehmen ein zusätzliches Instrument zur flexiblenPersonalanpassung. Zudem eröffnet sie Berufsanfängern und vormalig Beschäftigten einen alternativen Weg in den Arbeitsmarkt. Der vorliegende Aufsatz analysiert die wirtschaftliche Bedeutung, die wechselnden gesetzlichen...
Persistent link: https://www.econbiz.de/10005861877
Eastern Germanys recovery from the unification shock has beencharacterized by deep structural change with apparent repercussions for the West as well and an integration process involving both capital deepening (extensive and intensive investment) and labor thinning (net out-migration). I propose...
Persistent link: https://www.econbiz.de/10005861208