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Real and Nominal Wage Adjustment in Open Economies

Forslund, Anders - 2013

How are wages set in an open economy? What role is played by demand pressure, international competition, and structural factors in the labour market? How important is nominal wage rigidity and exchange rate policy for the evolution of real wages and competitiveness? To answer these questions, we...

Persistent link: https://www.econbiz.de/10012754391

Entrepreneurship in a Unionised Economy

Leppämäki, Mikko; Kanniainen, Vesa - CESifo - 2000

This paper shows that labor market institutions are important for the formation of new enterprises. The effects of labor market institutions on entrepreneurship, wage determination, and firm size are analysed analytically and illustrated numerically. The main result is that an increase in union...

Persistent link: https://www.econbiz.de/10005181309

Union Membership and Employment Dynamics: A Note

Dittrich, Marcus; Schirwitz, Beate - CESifo - 2010

overstate distortions caused by unions only holds in the special case of firm-level wage setting. If, however, the union is big … enough to determine employment for the whole sector, it rather depends on both the elasticity of labor demand and union’s … time preference whether static frameworks overrate or even underrate unions’ distortions. …

Persistent link: https://www.econbiz.de/10008671723

Trade and Unions: Can Exporters Benefit from Collective Bargaining?

Capuano, Stella; Hauptmann, Andreas; Schmerer, Jans-Jörg - CESifo - 2014

Unions are often stigmatized as being a source of inefficiency due to higher collective bargaining outcomes. This is in …

Persistent link: https://www.econbiz.de/10011086453

Scars of Recessions in a Rigid Labor Market

Cockx, Bart - 2015

We study the impact of graduating in a recession in Flanders (Belgium), i.e. in a rigid labor market. In the presence of a high minimum wage, a typical recession hardly influences the hourly wage of low educated men, but reduces working time and earnings by about 4.5% up to twelve years after...

Persistent link: https://www.econbiz.de/10013025973

Analysis of Labor Tax Progression Under Heterogeneous Domestic Labor Markets and Flexible Outsourcing

Koskela, Erkki - 2010

What are the impacts of labor tax reform on wage setting and employment to keep the relative tax burden per low-skilled and high-skilled workers constant in the case of heterogeneous domestic labor markets, i.e. imperfect competition in low-skilled labor and perfect competition in high-skilled...

Persistent link: https://www.econbiz.de/10013136006

Impacts of Labor Taxation with Perfectly and Imperfectly Competitive Domestic Labor Markets under Flexible Outsourcing

Koskela, Erkki - 2009

What are the impacts of labor tax reform on wage setting and employment to keep the relative tax burden per low-skilled and high-skilled workers constant in the case of heterogenous domestic labor markets, i.e. imperfect competition in low-skilled labor and perfect competition in high-skilled...

Persistent link: https://www.econbiz.de/10013154267

Unemployment Effects of the German Minimum Wage in an Equilibrium Job Search Model

Blömer, Maximilian - 2020

We structurally estimate an equilibrium search model using German administrative data and use this for counterfactual analyses of a uniform minimum wage. The model with worker and firm heterogeneity does not restrict the sign of employment effects a priori and allows for different job offer...

Persistent link: https://www.econbiz.de/10012851339

Flexible Outsourcing and the Impacts of Labour Taxation in European Welfare States

Koskela, Erkki; Poutvaara, Panu - 2021

In European Welfare States, low-skilled workers are typically unionized, while the wage formation of high-skilled workers is more competitive. To focus on this aspect, we analyze how flexible international outsourcing and labour taxation affect wage formation, employment and welfare in dual...

Persistent link: https://www.econbiz.de/10013316453

Outsourcing and Labor Taxation in Dual Labor Markets

Koskela, Erkki; Poutvaara, Panu - 2021

We evaluate the effects of international outsourcing and labor taxation on wage formation and equilibrium unemployment in dual labor markets. Outsourcing promotes wage dispersion between the high-skilled and low-skilled workers. Higher domestic low-skilled wage tax, higher payroll tax and lower...

Persistent link: https://www.econbiz.de/10013316510

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