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the loses to the low paid. Product market integration may thus lead to a more inequal distribution of wages and employment …, even though there are aggregate gains in terms of higher real incomes and employment. …
Persistent link: https://www.econbiz.de/10011401073
of employment across countries and thus a change in the trade-off between wages and employment faced by wage setters …. While the effects of product market integration on the trade-off between wages and employment in general is ambiguous, it is … through trade. Unambiguously, real wages and employment and welfare improve upon reductions in trade frictions, and therefore …
Persistent link: https://www.econbiz.de/10013320090
the loses to the low paid. Product market integration may thus lead to a more inequal distribution of wages and employment …, even though there are aggregate gains in terms of higher real incomes and employment. …
Persistent link: https://www.econbiz.de/10001604047
the loses to the low paid. Product market integration may thus lead to a more unequal distribution of wages and employment …, even though there are aggregate gains in terms of higher real incomes and employment …
Persistent link: https://www.econbiz.de/10013321004
model that aggregate increases in wages and employment may conceal important differences across sectors/groups driven by a …
Persistent link: https://www.econbiz.de/10013317238
We analyze the welfare and employment effects of different wage bargaining regimes. Within the large firm search model …, we show that collective bargaining affects employment via two channels. Collective bargaining exerts opposing effects on … job creation and wage setting. Firms have a stronger incentive for strategic employment, while workers benefit from the …
Persistent link: https://www.econbiz.de/10003951899
employment protection legislation; ii) removing incentives that lead to early withdrawal from the labour market; iii) allowing …
Persistent link: https://www.econbiz.de/10012446018
This paper is the first to show theoretically and empirically how firms' production technology affects the choice of their preferred wage formation regime. Our theoretical framework predicts, first, that the larger the total factor productivity of a firm, the more likely it is to opt for...
Persistent link: https://www.econbiz.de/10010360962
This paper shows that some managers systematically pay higher wages to rank-and-file workers and these managers are targets of M&As. We use a manager-firm-worker matched dataset covering the entire population of Denmark from 1995 to 2011, and develop a novel framework to identify manager fixed...
Persistent link: https://www.econbiz.de/10012846952
This paper examines the impact of trade on employment, wages, and other outcomes across countries and explores the … firm-level dataset to examine the impact of import competition on employment, wages, and firm performance, as well as the … industries, import competition actually strengthens employment growth. In addition, import competition tends to improve average …
Persistent link: https://www.econbiz.de/10013306781