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importance of individual bargaining in wage determination. We show that simple survey questions accurately elicit firms …' bargaining strategies. Using the elicited strategies for 772 German firms, we document that the majority of firms are willing to … engage in individual wage bargaining. Labor market factors predict firms' strategies better than firm characteristics. Survey …
Persistent link: https://www.econbiz.de/10015195042
wages and offer slower and less rewarding careers. Differences in worker sorting account for half of the wage gap while …
Persistent link: https://www.econbiz.de/10015171622
Whether and how workers search on the job depends on their beliefs about pay and working conditions in other firms. Yet little is known about workers' knowledge of outside pay. We use a large-scale survey of full-time German workers, linked to their Social Security records, to elicit pay...
Persistent link: https://www.econbiz.de/10015326439
This chapter reviews the analysis of non-wage amenities in the workplace. The competitive model is the point of departure, but the emphasis is on models of imperfect competition that have greater empirical relevance. In addition to the traditional hedonic model for estimating preferences over...
Persistent link: https://www.econbiz.de/10015398096
Two extraordinary U.S. labor market developments facilitated the sharp disinflation in 2022-23 without raising the unemployment rate. First, pandemic-driven infection worries and social distancing intentions caused a sizable drag on labor force participation that began to reverse in the first...
Persistent link: https://www.econbiz.de/10014576613
the trend towards a more decentralized wage determination. The shift towards decentralized wage bargaining has coincided …
Persistent link: https://www.econbiz.de/10012465590
bargaining coverage raises wages and employment for covered employees; (3) a more favorable legal environment increases wages for …This paper examines the effect of the different legal environments for bargaining faced by public employees across the … states on wage and employment outcomes for union and nonunion employees, and also on the extent of bargaining, using cross …
Persistent link: https://www.econbiz.de/10012476784
literature for over thirty years. The wages and employment o typographers are examined to see whether they can be usefully … characterized as the outcome of a process by which the union maximizes an objective function containing wages and employment and is … wages and employment of these workers compared with our more general formulation …
Persistent link: https://www.econbiz.de/10012478563
This paper proposes novel natural language methods to measure worker rights from collective bargaining agreements (CBAs … higher taxes increase the share of worker-rights clauses while reducing pre-tax wages in unionized firms, consistent with a … substitution effect away from taxed compensation (wages) toward untaxed amenities (worker rights). Further, an exogenous increase …
Persistent link: https://www.econbiz.de/10015361481
Employment and participation rates for US prime age women rose steadily during the second half of the 20th century. In the last 30 years, however, those rates stagnated, even as employment and participation rates for women in other industrialized countries continued to rise. I discuss the role...
Persistent link: https://www.econbiz.de/10014437047