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Considering the contribution of the distribution of individual wages and earnings to that of household incomes we find two separate literatures that should be brought together, and bring 'new institutions' into play. Growing female employment, rising dual-earnership and part-time employment...
Persistent link: https://www.econbiz.de/10010360090
Considering the contribution of the distribution of individual wages and earnings to that of household incomes we find two separate literatures that should be brought together, and bring 'new institutions' into play. Growing female employment, rising dual-earnership and part-time employment...
Persistent link: https://www.econbiz.de/10013052700
Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to signal directions for market adjustments to ensure growth. Wage growth is driven by relative scarcity, labor productivity and expectations about inflation and future growth....
Persistent link: https://www.econbiz.de/10012131008
Persistent link: https://www.econbiz.de/10012257133
Two-tier bargaining structures, in which plant-level wage negotiations supplement industry-level wage setting, are present in a number of EU countries, as unions resist pressures for greater decentralization in wage determination. In principle, these two-tier structures could reconcile...
Persistent link: https://www.econbiz.de/10010387711
Consistent with Convention 87 of the International Labour Organization (ILO), Section 79 of the Labour Act, 2003 (Act 651) empowers every employee in an organization to either form or join a trade union of their choice for the promotion and protection of their economic and social interests. In...
Persistent link: https://www.econbiz.de/10014503137
This paper studies the considerably higher level of wage inequality in the United States than in nine other OECD countries. We find that the greater overall U.S. wage dispersion primarily reflects substantially more compression at the bottom of the wage distribution in the other countries. While...
Persistent link: https://www.econbiz.de/10014116631
This paper investigates the interaction between establishment-level codetermination and industry-level collective bargaining in Germany. Based on a simple bargaining model we derive our main hypothesis: In establishments covered by collective bargaining agreements works councils are more likely...
Persistent link: https://www.econbiz.de/10011402748
This paper investigates the interaction between establishment-level codetermination and industry-level collective bargaining in Germany. Based on a simple bargaining model we derive our main hypothesis: In establishments covered by collective bargaining agreements works councils are more likely...
Persistent link: https://www.econbiz.de/10013320902
This paper investigates the impact of a collective agreement stipulating a one shot increase in establishment-specific wage levels in a public-sector setting where wages otherwise are set according to individualized wage bargaining. The agreement stipulated that wages should increase in...
Persistent link: https://www.econbiz.de/10010354153