Bellmann, Lutz; Gerlach, Knut; Meyer, Wolfgang - In: Journal of Economics and Statistics (Jahrbuecher fuer … 228 (2008) 5+6, pp. 533-553
Company-level pacts for employment are agreements betweenmanagement and the company’s work force that are characterized by concessions from both bargaining partners. Employees agree to company-specific deviations from a collective contract that include negative components like reduced wages or...