A simple model of wage setting and restructuring predicts that the average wage level in a regional labour market in Poland, among other factors, will be negatively related to the unemployment rate and positively related to the degree of regional restructuring. As in Blanchflower and Oswald...

Market driven wage dispersion is a critical feature of income inequality. In this paper especially the Keynesian perspective on how to explain the global trends of rising wage dispersion is elaborated. Special attention is given to the policy implications derived from the analysis. Keynesian...

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...

Vor dem Hintergrund der Diskussion um die Determinanten nicht-markträumender Löhne wird in dieser Arbeit der Einfluss der Tarifbindung, der Teilung von Firmenrenten und der Anwendung von Konzessionsverträgen (Beschäftigungssicherungsabkommen, Arbeitnehmer-Erfolgsbeteiligungen) auf die...