Showing 1 - 10 of 1,595
This paper evaluates the extent of wage rigidities in Colombia over a period, 2002-2014, in which the fall in … unemployment was relatively slow with respect to sustained economic growth. Following Holden and Wulfsberg (2009), we compute a … description of the wage setting rule in Colombia, compare it with the common one in the advanced economies, and call for a far …
Persistent link: https://www.econbiz.de/10012959050
This paper examines empirically the dynamics of wage floors defined in industry-level wage agreements in France. It also investigates how industry-level wage floor adjustment interacts with changes in the national minimum wage (NMW hereafter). For this, we have collected a unique dataset of...
Persistent link: https://www.econbiz.de/10012910731
This paper addresses the design of the machinery of collective bargaining from the perspective of the needs of microeconomic and macroeconomic flexibility. In the former context, greater attention is given over to enterprise flexibility than external adjustment. In the latter context, close...
Persistent link: https://www.econbiz.de/10013315516
of time-varying policy and institutional regressors. Yet another is our examination of unemployment and participation … lower participation, even if the unemployment effects are muted. Although we report some similar findings to Neumark and …
Persistent link: https://www.econbiz.de/10013138490
Using several unique data sets on wage agreements at both industry and firm levels in France, we document stylized facts on wage stickiness and the impact of wage-setting institutions on wage rigidity. First, the average duration of wages is a little less than one year and around 10 percent of...
Persistent link: https://www.econbiz.de/10013122674
they joined the establishment from unemployment. This is supportive of equal treatment. We also show that a four parameter … series properties and co-properties of real wages, output, and unemployment, in particular the asymmetric response of wages …
Persistent link: https://www.econbiz.de/10012919505
We introduce search unemployment - la Pissarides into Melitz' (2003) model of trade with heterogeneous firms. We allow … effect of trade influences labor market outcomes. Trade liberalization lowers unemployment and raises real wages as long as …
Persistent link: https://www.econbiz.de/10013324845
Some workers bargain with prospective employers before accepting a job. Others could bargain, but find it undesirable, because their right to bargain has induced a sufficiently favorable offer, which they accept. Yet others perceive that they cannot bargain over pay; they regard the posted wage...
Persistent link: https://www.econbiz.de/10013324896
This paper examines empirically how industry-level wage floors are set in French industry-level wage agreements and how the national minimum wage (NMW) interacts with industry-level wage bargaining. For this, the authors use a unique dataset containing about 50,000 occupation-specific wage...
Persistent link: https://www.econbiz.de/10012980319
The Directive on Adequate Minimum Wages represents a watershed initiative adding substance to the EU's social dimension. It contains two ambitious objectives: establishing the minimum level of statutory minimum wages (SMWs) at 60% of the gross median wage, and increasing collective bargaining...
Persistent link: https://www.econbiz.de/10014242921