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Investment, Wages and Ownership During the Transition to a Market Economy: Evidence from Slovenian Firms

Prasnikar, Janez; Svejnar, Jan - C.E.P.R. Discussion Papers - 2003

(and trade-off between) investment and wages in Slovenian firms. We find that investment behaviour is more consistent with … display a trade-off between investment and wages, and workers share in firms’ surplus and appropriate funds that are supposed …

Persistent link: https://www.econbiz.de/10005497775

Product Market Integration and Wages: Evidence from a Cross-Section of Manufacturing Establishments in the United Kingdom

Driffill, John; Meschi, Meloria; Ulph, Alistair Mitchell - C.E.P.R. Discussion Papers - 1998

wages, particularly for unskilled workers. Further reductions in non-tariff barriers produce a less well-determined effect … affect wages so markedly. …

Persistent link: https://www.econbiz.de/10005666859

Structural Reforms and Growth: Product and Labor Market Deregulations

Eijffinger, Sylvester C W; Rossi, Alberto - C.E.P.R. Discussion Papers - 2006

The paper focuses on labor and product market deregulations, as fundamental elements in the passage from an investment to an innovation-based economy. The approach undertaken is prominently empirical. After a very brief description of the regulatory levels on the two sides of the Atlantic, we...

Persistent link: https://www.econbiz.de/10005792522

Competition, Takeovers and Gender Discrimination

Heyman, Fredrik; Svaleryd, Helena; Vlachos, Jonas - C.E.P.R. Discussion Papers - 2008

Theories of taste-based discrimination predict that competitive pressures will drive discriminatory behaviour out of the market. Using detailed matched employer-employee data, we analyze how firm takeovers and product market competition are related to the gender composition of the firm’s...

Persistent link: https://www.econbiz.de/10005791764

The Macroeconomic Consequences of Reciprocity in Labour Relations

Danthine, Jean-Pierre; Kurmann, Andre - C.E.P.R. Discussion Papers - 2005

We develop and analyse a structural model of efficiency wages founded on reciprocity. Workers are assumed to face an … efficiency wages has important macroeconomic consequences: rent-sharing considerations promote wage rigidity, internal …

Persistent link: https://www.econbiz.de/10005504485

Central Bank Independence, Centralization of Wage Bargaining, Inflation and Unemployment - Theory and Evidence

Cukierman, Alex; Lippi, Francesco - C.E.P.R. Discussion Papers - 1998

centralization of wage bargaining and of the interaction between those institutional variables, on real wages, unemployment and …) triggers two opposite effects on real wages, unemployment and inflation. The decrease in the number of unions reduces the … competition effect’ raises real wages, unemployment and inflation. But the decrease in the number of unions also strengthens the …

Persistent link: https://www.econbiz.de/10005497748

The Endogenous Determination of Minimum Wage

Epstein, Gil S; Nitzan, Shmuel - C.E.P.R. Discussion Papers - 1999

In this paper we study the endogenous determination of minimum wage employing a political-economic game-theoretic approach. A major objective of the paper is to clarify the crucial role of the strength of the workers' union and of political culture on the determination of the minimum wage. In...

Persistent link: https://www.econbiz.de/10005497998

Search, Concave Production, and Optimal Firm Size

Smith, Eric - C.E.P.R. Discussion Papers - 1994

This paper presents a simple search and bargaining economy in which firms use concave production. Because a firm and worker negotiate over the worker's marginal productivity, the firm's wage is a function of its labour force. Reacting to this wage function, firms choose an excessively large and...

Persistent link: https://www.econbiz.de/10005656122

Seniority, Earnings and Unions

Booth, Alison L; Frank, Jeff - C.E.P.R. Discussion Papers - 1994

This paper uses a new data source to investigate whether wages rise more with seniority in unionized or non …

Persistent link: https://www.econbiz.de/10005656195

Rent Sharing in Wage Determination: Evidence from Italy

Pistoresi, Barbara; Strozzi, Chiara - C.E.P.R. Discussion Papers - 2001

This Paper presents a two-stage bargaining framework which reproduces the key features of the Italian bargaining system, where wage negotiations occur first at the industry and then at the firm level. The framework we propose takes into account the presence of different degrees of union...

Persistent link: https://www.econbiz.de/10005656220