Search Results - subject:"Wage Setting"

Pattern bargaining as a means to coordinate wages in the nordic countries

Calmfors, Lars - 2025

The various form of pattern bargaining with manufacturing, as representative of the tradables sector, deciding the norm for wage increases in the Nordic countries are reviewed. This form of bargaining has been consistent with strong international competitiveness and has widespread support among...

Persistent link: https://www.econbiz.de/10015185061

Identifying labor market power : a quasi-experimental approach

Fonseca, João Galindo da; Santarrosa, Rogerio - 2025

We test whether firms react to changes in the wages and size of their competitors. We use a unique institutional feature of public procurement auctions in Brazil: the moment in which the auction ends is random. For close auctions, winner and runner-up are as good as randomly assigned. We first...

Persistent link: https://www.econbiz.de/10015396075

Monopsony in the New Zealand labour market : first estimates from administrative data

Allan, Corey; Maré, David C.; Hyslop, Dean Robert - 2025

We examine employer monopsony power in the New Zealand private sector labour market. New Zealand has a small, geographically dispersed population, meaning that outside employment options for workers may be limited. However, New Zealand is generally considered to have a flexible labour market...

Persistent link: https://www.econbiz.de/10015183328

Global managers, local workers : wage setting inside a multinational firm

Minni, Virginia - 2024

Persistent link: https://www.econbiz.de/10014461616

Wage setting in times of high and low inflation

Gödl, Maximilian; Gödl-Hanisch, Isabel - 2024

The recent surge in inflation led many unions and firms to alter their bargaining and wage-setting policies. Using … novel German firm-level survey data, we document the extent of state dependence in wage setting across firms and workers … state dependence can be rationalized in menu cost and Calvo models of wage setting with heterogeneous firms. We examine the …

Persistent link: https://www.econbiz.de/10015057673

National wage setting

Hazell, Jonathon; Patterson, Christina; Sarsons, Heather; … - 2023

growth across establishments, we argue these patterns reflect national wage setting - a significant minority of firms choose …

Persistent link: https://www.econbiz.de/10014391201

Monopsony and automation

Azar, José; Chugunova, Marina; Keller, Klaus; Samila, … - 2023

We examine the impact of labor market power on firms' adoption of automation technologies. We develop a model that incorporates labor market power into the task-based theory of automation. We show that, due to higher marginal cost of labor, monopsonistic firms have stronger incentives to...

Persistent link: https://www.econbiz.de/10014495771

How are wages determined? : a quasi-experimental test of wage determination theories

Carvalho, Marcelo; Fonseca, João Galindo da; … - 2023

Persistent link: https://www.econbiz.de/10014285884

How are minimum wages set? : countries set minimum wages in different ways, and some countries set different wages for different groups of workers

Dickens, Richard - 2023

The minimum wage has become an accepted way to tackle the extremes of low pay in many countries, but there is considerable variability in the way minimum wages are set around the world. Methods include formulas, government rate setting, union bargained rates, and rates recommended by an expert...

Persistent link: https://www.econbiz.de/10015062276

Wage-setting coordination in a small open economy

Juvonen, Petteri - In: The Scandinavian journal of economics 125 (2023) 1, pp. 253-286

Persistent link: https://www.econbiz.de/10014303985