In a controlled laboratory experiment, we study the impact of monetary instability on work relationships with incomplete contracts. We observe wage inertia, i.e. the reluctance to fully adjust nominal wages to the changes in the value of the currency, and effort inertia, i.e. the reluctance to...

Using cross-country data from the European Company Survey, we investigate the relationship between workplace employee representation and five behavioral outcomes: strike incidence, the climate of industrial relations, sickness/absenteeism, employee motivation, and staff retention. The evidence...

The paper aims at investigating to what extent wage negotiation set-ups have shaped up firms' response to the Great Recession, taking a firm-level cross-country perspective. We contribute to the literature by building a new micro-distributed database which merges data related to wage bargaining...

The first part of the study compares the institutional settings of employee representation and collective bargaining in France and Germany. One important difference is that in France, many aspects of collective agreements are defined by labour law, whereas in Germany, collective bargaining...