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An Analysis of Labour Adjustment Costs in Unionized Economies

Modesto, Leonor; Thomas, Jonathan P. - Institute for the Study of Labor (IZA) - 2000

In this paper we conduct a theoretical analysis of the implications of a union which can exploit the existence of firm labour adjustment costs. We consider a model involving a large number of identical firms facing a single, economy-wide union. We solve (i) for the Markov perfect equilibria with...

Persistent link: https://www.econbiz.de/10005763462

What Do Unions Do to Pension Performance?

Even, William E.; Macpherson, David A. - Institute for the Study of Labor (IZA) - 2010

estimate the effects of unions on risk adjusted returns and find that the union effect on performance varies in ways that are … consistent with our priors. In particular, unions have the largest negative effect among multi-employer defined contribution … plans and the negative effect of unions can be eliminated by a switch to participant direction. Also, we find that unions …

Persistent link: https://www.econbiz.de/10008684793

Job Satisfaction and Self-Selection into the Public or Private Sector: Evidence from a Natural Experiment

Danzer, Natalia - Institute for the Study of Labor (IZA) - 2013

Are public sector jobs better than private sector jobs? To answer this question, this paper investigates observed differences in job satisfaction between public- and private-sector workers and disentangles the effect of worker sorting from the one caused by sector-specific job characteristics. A...

Persistent link: https://www.econbiz.de/10010884142

The Insider-Outsider Theory: A Survey

Lindbeck, Assar; Snower, Dennis - Institute for the Study of Labor (IZA) - 2002

shocks. The second section deals with the insider-outsider theory in relation to two important economic institutions: unions …

Persistent link: https://www.econbiz.de/10005762091

Recent Longitudinal Evidence of Size and Union Threat Effects across Genders

Wunnava, Phanindra V. - Institute for the Study of Labor (IZA) - 2012

both genders. This supports the argument that large nonunion firms pay higher wages to discourage the entrance of unions (i … relative to females. This implies that unions in the large establishments may have a role to play in achieving a narrowing of … components of the compensation structure, unions should not treat both genders similarly with respect to wages and benefits. …

Persistent link: https://www.econbiz.de/10010570793

Labour-Market Institutions and the Dispersion of Wage Earnings

Salverda, Wiemer; Checchi, Daniele - Institute for the Study of Labor (IZA) - 2014

Considering the contribution of the distribution of individual wages and earnings to that of household incomes we find two separate literatures that should be brought together, and bring 'new institutions' into play. Growing female employment, rising dual-earnership and part-time employment...

Persistent link: https://www.econbiz.de/10010884144

Unions, Wage Gaps, and Wage Dispersion: New Evidence from the Americas

Rios-Avila, Fernando; Hirsch, Barry - Institute for the Study of Labor (IZA) - 2012

Using a common methodology, the effects of unions on wage levels and wage dispersion are estimated for two neighboring … countries, Bolivia and Chile, and for the U.S. The analysis shows that unions have broadly similar effects on the wage … distribution within these three economies. The findings suggest that the political economy of unions, coupled with market …

Persistent link: https://www.econbiz.de/10010959833

Tarifpolitik und Entgeltflexibilität in Ostdeutschland

Bonin, Holger - Institute for the Study of Labor (IZA) - 2005

Der Beitrag beschreibt die Lohnpolitik in Ostdeutschland seit der Wiedervereinigung und präsentiert empirische Evidenz für die Hypothese, dass überhöhte Tarifabschlüsse das aus dem Westen übernommene Flächentarifvertragssystem geschwächt haben. Hierfür sprechen der abnehmende...

Persistent link: https://www.econbiz.de/10005822684

Unions and the Labor Market for Managers

DiNardo, John; Hallock, Kevin F.; Pischke, Jörn-Steffen - Institute for the Study of Labor (IZA) - 2000

firm. Unions, by redistributing rents towards the workers, lead to lower employment and lower pay for managers. Using a …

Persistent link: https://www.econbiz.de/10005233814

Wage Gaps Large and Small

Hirsch, Barry - Institute for the Study of Labor (IZA) - 2008

The law of one wage does not strictly hold, nor should it be expected to hold, in contemporary labor markets. The law of one wage, however, provides a surprisingly good first approximation of the structure of U.S. wages. This generalization is drawn from research on a diverse set of topics: the...

Persistent link: https://www.econbiz.de/10005566704