This paper examines how collective bargaining through unions and workplace co-determination through works councils … exception. Wage mark-downs, that is wages below the marginal revenue product of labour rooted in employers' monopsony power, are … and intensity of wage mark-downs whereas the opposite holds for wage mark-ups, that is wages above the marginal revenue …

This paper presents evidence from a large-scale study on gender differences in expected wages before labor market entry … causes and determinants, we relate expected wages to sorting into majors, industries, and occupations, child-rearing plans … interruptions. Given the importance of wage expectations for labor market decisions, household bargaining, and wage setting, our …

This paper presents evidence from a large-scale study on gender differences in expected wages before labor market entry … to roughly half a million Euros. Our findings further suggest that expected wages relate to expected asking and … reservation wages and that a difference in plans about "boldness" during prospective wage negotiations pertains to gender …

expectations and wages, and a significantly positive relationship between optimistic bias in job finding expectations and … search and matching model of the labor market. Removing the biases could substantially increase wages and expected lifetime …

natives' wages, and that skilled immigration can actually increase them. We develop a model with regional labor markets and … but skill-biased on aggregate, skilled immigration can increase absolute and relative skilled wages. Therefore, firm … natives' wages. …

to seniority in wages. Efficiency in hiring requires the workers' bargaining power to be in line with their share in the …, are the first to leave the firm (Last In, First Out; LIFO). Second, workers' wages rise with seniority (= a worker … firm with stochastic product demand and hiring cost (= irreversible specific investments). There is wage bargaining between …

us to consider the interaction between both markets. A worker's bargaining position reflects their own productivity, and … sole purpose of raising the long-term wages of their spouse. In some cases, firms unilaterally increase a worker's wage in …