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Instituting an initial round of centralized wage setting before an ultimate round of decentralized wage bargaining may …
Persistent link: https://www.econbiz.de/10014114153
centralized bargaining? For the case of Austria, a corporatist archetype, this study uses an innovative technique developed by …
Persistent link: https://www.econbiz.de/10001545528
contradiction between two influential theories. On one hand, in the standard search-matching theory with wage bargaining, hiring … cost and constant returns of labor, the bargaining power of employees allows them to get rents and gives rise either to … bargaining with no hiring cost and decreasing returns of labor, the bargaining power of employees does not allow them to get rent …
Persistent link: https://www.econbiz.de/10001605197
Persistent link: https://www.econbiz.de/10001884577
A matching model with labor/leisure choice and bargaining frictions is used to explain (i) differences in GDP per hour … is similar in both economies, the share of part-time work is larger. -- model of search and matching ; bargaining …
Persistent link: https://www.econbiz.de/10003082107
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 … bargaining. But it is not always true that equilibrium wages exceed those under individual bargaining. If unemployment benefits …
Persistent link: https://www.econbiz.de/10003951899
centralized bargaining agreements indeed have economically and statistically significantly larger total factor productivities and … scale elasticities than comparable establishments outside the centralized bargaining regime. …
Persistent link: https://www.econbiz.de/10010360962
contradiction between two influential theories. On one hand, in the standard search-matching theory with wage bargaining, hiring … cost and constant returns of labor, the bargaining power of employees allows them to get rents and gives rise either to … bargaining with no hiring cost and decreasing returns of labor, the bargaining power of employees does not allow them to get rent …
Persistent link: https://www.econbiz.de/10011401500
Conventional theory predicts that productivity gains lead to pay hikes. Pay increases, however, can influence labor productivity. But what about in a corporatist economy? Focusing on Germany, we use an innovative technique developed by Geweke to disentangle the relationship between pay and...
Persistent link: https://www.econbiz.de/10011413818
Despite declining bargaining power, unions continue to generate a wage premium. Some feel collective bargaining has had … its day. Politicians on both sides of the Atlantic have recently called for the removal of bargaining rights from workers … productivity growth. If this is where the premium originates, then firms and workers benefit. Without unions bargaining …
Persistent link: https://www.econbiz.de/10011415227