Hours and Wages : A Bargaining Approach

In a recent paper, Bick et al. (2022) show the presence of a hump-shaped relationship between hours and hourly wages with a maximum around 50 hours worked. We show that a model with fixed labor costs where workers and firms bargain in wages and hours can help explain this non-linear relationship. Also, a quantitative version of the model is able to match the empirical hourly-wage to hours worked relationship estimated by those authors for the US

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Year of publication:	[2022]
Authors:	Del Rey, Elena ; Naval Navarro, Joaquin ; Silva, José I.
Publisher:	[S.l.] : SSRN
Subject:	Arbeitszeit \| Working time \| Tarifverhandlungen \| Collective bargaining \| Verhandlungstheorie des Lohnes \| Collective bargaining theory \| Arbeitsangebot \| Labour supply

Extent:	1 Online-Ressource (9 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: EL54052
Other identifiers:	10.2139/ssrn.4062718 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013296422