Following the approach recently developed for the International Wage Flexibility Project (IWFP), the paper presents new estimates of downward real and nominal wage rigidity for Hungary. Results suggest that nominal rigidity is more prominent in Hungary than real rigidity. When compared to other...

In this paper we study the endogenous determination of minimum wage employing a political-economic game-theoretic approach. A major objective of the paper is to clarify the crucial role of the strength of the workers' union and of political culture on the determination of the minimum wage. In...

In a non competitive labour market, wages are determined by negotiations between trade unions and employers. We also suppose that two kinds of unemployment benefits follow. In the first, described as stationary, a stable benefit is paid whatever the duration of unemployment. In the second,...

Der Beitrag zeigt, dass die Reorganisation von Unternehmen mit einem Wandel von einer tayloristischen Organisationsform in eine holistische erhebliche Auswirkungen auf die Weiterbildungsbereitschaft des Unternehmens hat. Die Abflachung von Hierarchien, die Partizipation der Mitarbeiter an...

This paper uses a rich employer-employee matched data set to investigate the existence and the extent of nonprofit and part-time wage and compensation differentials in child care. The empirical strategy adjusts for workers’ self-selection into the for-profit or nonprofit sectors, into...

Although agricultural labour productivity has been increasing due to technical progress, agricultural holdings continue to be under price pressure. We argue that we need to critically engage with Swiss production conditions from the workers› perspectives. This paper focuses on the working...

Labour market reform to improve growth prospects and reduce inequality is a top priority in the face of rapid population ageing and a dualistic labour market. Sustaining output growth requires policies to mitigate the impact of rapid population ageing by increasing labour inputs from...

In contrast to the predictions of conventional economic theory, it is well documented that similar workers receive wages positively correlated with the size of the firm employing them. To explain these findings we augment the Waldman (1984) framework by adding a size variable and construct a...

This paper uses a rich employer-employee matched data set to investigate the existence and the extent of nonprofit and part-time wage and compensation differentials in child care. The empirical strategy adjusts for workers' self-selection into the for-profit or nonprofit sectors, into full-time...

This paper reviews the literature on the effects of low steady-state inflation on wage formation, focusing on four different effects. First, under low inflation, downward nominal wage rigidity (DNWR) may prevent real wage cuts that would have happened had inflation been higher. Second, wages...