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This paper presents both theoretical analysis and econometric evidence for the United States, Great Britain and Norway on the extent to which hourly wages of different groups of workers are sensitive to local labour market conditions. We focus on differences by union status. Our theoretical...
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To explain the rise in the college wage premium in developed economies in the past decades, the present paper examines the effects of technological progress on workers effort incentives, which determine the effective labor supply. Five effort incentive effects of technological progress are...
Persistent link: https://www.econbiz.de/10011399300
To explain the rise in the college wage premium in developed economies in the past decades, the present paper examines the effects of technological progress on workers' effort incentives, which determine the effective labor supply. Five effort incentive effects of technological progress are...
Persistent link: https://www.econbiz.de/10013320879
We investigate the relationship between the slope of the wage-tenure profile and the level of monitoring across two cross sections of matched employer-employee British data. Our theoretical model predicts that increased monitoring leads to a decline in the slope of the wage-tenure profile. Our...
Persistent link: https://www.econbiz.de/10013325369
This paper utilises the panel element of the BHPS (waves 9 to 14) to examine the dynamics of the National Minimum Wage (NMW) introduced to Britain in 1999. Specifically a persistence measure based on a random effects probit model for those affected by the NMW is constructed. The conditional...
Persistent link: https://www.econbiz.de/10012777482
Perhaps no other country in recent years has witnessed greater change in its collective bargaining framework than the UK. This paper describes the dramatic developments and their consequences. Like Gaul, it is in three parts. The first part charts the six major pieces of legislation –...
Persistent link: https://www.econbiz.de/10010276575
The literature on the union wage premium is among the most extensive in labour economics but unions' effects on other aspects of the wage-effort bargain have received much less attention. We contribute to the literature through a study of the union premium in paid holiday entitlements, using...
Persistent link: https://www.econbiz.de/10011875607