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heterogeneity in the disutility of work by using panel data techniques. Next, we exploit information on expected wealth accumulation …
Persistent link: https://www.econbiz.de/10008836364
This study aims to analyse the effects of the decentralization level of collective wage bargaining on the wage level and the wage dispersion in Belgium. For this purpose, we have constructed a composite indicator of collective bargaining decentralization, based on variables that determine...
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In order to reduce unemployment, it is often recommended that industry-level wage bargaining in Germany should be replaced by a more decentralized system. This paper provides a critical assessment of the current wage bargaining institutions and reexamines the case for a more decentralized...
Persistent link: https://www.econbiz.de/10005097827
This study investigated whether earnings inequality is associated with social capital as measured by active membership in organizations and interpersonal trust. Pearson product-moment correlation analysis showed that greater earnings inequality was associated with lower values on both measures...
Persistent link: https://www.econbiz.de/10009782088
English Abstract: As wages are the primary means of income for the majority of people in every country in the world, understanding the reasons for differences in wages is important for human welfare. One potential source of differences in wages between countries is differences in the degree of...
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