The need for intra-firm incentive schemes allows remodeling the Cournot duopoly in wages (rather than in output levels). In both versions of the Cournot model, a cartel agreement is unstable. The new formulation, however, allows us to demonstrate that a collective wage agreement on minimum wages...

Der Beitrag skizziert die Entwicklung der Arbeitsbeziehungen in Deutschland seit dem erstmaligen Erscheinen der Zeitschrift „Industrielle Beziehungen“ aus arbeitsrechtlichem Blickwinkel. Dabei zeigt sich, dass es im Koalitionsrecht, im Tarifvertragsrecht, im Arbeitskampfrecht und im...

This paper tests whether the job security offered by stricter employment protection legislation (EPL) undermines positive compensating wage differentials that would otherwise be paid. Specifically, we ask whether industries with relatively more need for layoffs and labour flexibility have lower...

This paper examines how different unionisation structures affect firms' innovation incentives and industry employment. We distinguish three modes of unionisation with increasing degree of centralisation: (1) 'Decentralisation' where wages are determined independently at the firm-level, (2)...

This paper examines how unionization structures that differ in the degree of wage centralization affect firms' incentives to increase labor productivity. We distinguish three modes of unionization with increasing degree of centralization: (1) “Decentralization” where wages are determined...

This article surveys the literature and adds to the evidence on the impact of employment protection legislation on employment. While stringent employment protection contributes to less turnover and job reallocation, the effects on aggregate employment and unemployment over the business cycle are...

This paper analyzed the OECD data on employment protection for 23 OECD countries over the time span 1990-2008 on the basis of alternative dynamic panel data models and panel causality tests and examines the validity of the neo-liberal argument that strictness of employment protection hurts labor...

Introduction to Regulating for Decent Work: New Directions in Labour Market Regulation (Palgrave/ILO 2011). The book is an international and interdisciplinary response to the two most significant accounts of the role and significance of labour market regulation: orthodox economic theory and the...

This article surveys the literature and adds to the evidence on the impact of employment protection legislation on employment. While stringent employment protection contributes to less turnover and job reallocation, the effects on aggregate employment and unemployment over the business cycle are...

The need to change the labor legislation has been determined by that the old regulations no longer met the economic and social realities of Romania and also was taken in agreement with the IMF. The new Labor Code seeks flexible working relationships and stimulating business environment, while...