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Wage rigidities in Colombia : measurement, causes, and policy implications

Agudelo, Sonia A.; Sala, Hector - In: Journal of policy modeling : JPMOD ; a social science … 39 (2017) 3, pp. 547-567

Persistent link: https://www.econbiz.de/10011756786

Wage flexibility in a unionized economy with stable wage dispersion

Carlsson, Mikael; Häkkinen Skans, Iida; Nordström … - 2019

The paper estimates how wages respond to changes in regional unemployment using detailed Swedish micro data. The study … changes in regional unemployment. Accounting for the fluctuations in composition of the employees is important for the … estimated elasticity of wages. Wage adjustments are larger for employees with high unemployment risk and for new hires entering …

Persistent link: https://www.econbiz.de/10011973148

Heterogeneity in Staggered Wage Bargaining and Unemployment Volatility Puzzle

Kara, Engin - 2017

It has been noted that the search and matching model cannot account for the observed unemployment fluctuations. Gertler …

Persistent link: https://www.econbiz.de/10012951773

Heterogeneity in staggered wage bargaining and unemployment volatility puzzle

Kara, Engin; Park, Yongmin - 2017

It has been noted that the search and matching model cannot account for the observed unemployment fluctuations. Gertler …

Persistent link: https://www.econbiz.de/10011669046

Collective bargaining systems and macroeconomic and microeconomic flexibility : the quest for appropriate institutional forms in advanced economies

Addison, John T. - 2015

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/10011408196

Credible wage bargaining and the joint dynamics of unemployment and inflation

Clerc, Pierrick - 2015

Persistent link: https://www.econbiz.de/10011566555

Optimal monetary policy with labor market frictions : the role of the wage channel

Sunkawa, Takeki - In: Journal of money, credit and banking : JMCB 47 (2015) 6, pp. 1119-1147

Persistent link: https://www.econbiz.de/10011345089

Taxes in an efficiency wage economy

Goerke, Laszlo - 1997

value-added can raise unemployment. …

Persistent link: https://www.econbiz.de/10009675754

When is there more employment, with individual or collective wage bargaining?

García Martínez, José Ramón; Sorolla i Amat, Valeri - 2019

of the individual is high compared to the bargaining power of the union, there is more unemployment with individual wage … vacancy is sufficiently high, there is more unemployment with individual wage setting. Finally, for a constant marginal … bargaining produces more unemployment. …

Persistent link: https://www.econbiz.de/10011976503

Reflections on wage-setting

Zimmermann, Klaus F. - 2018

Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to signal directions for market adjustments to ensure growth. Wage growth is driven by relative scarcity, labor productivity and expectations about inflation and future growth....

Persistent link: https://www.econbiz.de/10012131008