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The Pit and the Pendulum: Arbitration in the British Coal Industry, 1893-1914

Treble, John - C.E.P.R. Discussion Papers - 1989

In this paper, we construct a game form based on the constitutions of conciliation boards in the British coal industry and show how the induced game can be used to explain certain features of the wage negotiations for which the conciliation boards were responsible. In particular, we test various...

Persistent link: https://www.econbiz.de/10005666512

Regret and Jubilation in Union Wage Bargaining

Beenstock, Michael - C.E.P.R. Discussion Papers - 1987

A theoretical model of collective wage bargaining is developed in which unions set wages and employers decide …

Persistent link: https://www.econbiz.de/10005497944

Macroeconomic Implications of Insider Power

Lindbeck, Assar; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1989

The paper constructs a simple macroeconomic model that contains a labor market in which insiders have power in wage negotiations. Wage and employment decisions are assumed to be made before business conditions are known; thus these decisions depend on both the hiring costs and expected dismissal...

Persistent link: https://www.econbiz.de/10005661965

Imperfect Labour Markets, the Stock Market and the Inefficiency of Capitalism

Manning, Alan - C.E.P.R. Discussion Papers - 1989

In a capitalist economy capitalists can sell their stake in a firm on the stock market whereas workers cannot sell their jobs. It is argued that when workers have some bargaining power this asymmetry in property rights leads to inefficiencies. The consequences of this are explored and certain...

Persistent link: https://www.econbiz.de/10005662149

Real and Nominal Wage Rigidities and the Rate of Inflation: Evidence from West German Microdata

Bauer, Thomas; Bonin, Holger; Sunde, Uwe - C.E.P.R. Discussion Papers - 2004

The Paper examines real and nominal wage rigidities. We estimate a switching regime model, in which the observed distribution of individual wage changes, computed from West German register data for 1976-97, is generated by simultaneous processes of real, nominal or no wage rigidity, and...

Persistent link: https://www.econbiz.de/10005666775

Real Origins of the Great Depression: Monopolistic Competition, Union Power, and the American Business Cycle in the 1920s

Ebell, Monique; Ritschl, Albrecht - C.E.P.R. Discussion Papers - 2007

as political pressure on firms to adopt the welfare capitalism model of high wages, made the economy increasingly …

Persistent link: https://www.econbiz.de/10005497733

The Causes of Post-War Slumps and Miracles. An Evaluation of Olsonian Views on German Economic Performance in the 1920s and the 1950s

Paqué, Karl-Heinz - C.E.P.R. Discussion Papers - 1994

This paper examines whether the different macroeconomic performances of the German economy in two post-war decades provide evidence for the theory (first advanced by Mancur Olson) that sharp institutional breaks are conducive to economic growth because they destroy the existing network of...

Persistent link: https://www.econbiz.de/10005497872

Ten Years of Mrs. T.

Bean, Charles R; Symons, James - C.E.P.R. Discussion Papers - 1989

low wages and productivity. A fall in union power results in a reduction in these inefficiencies and leads not only to a … rise in productivity but also in wages. …

Persistent link: https://www.econbiz.de/10005504742

Trade, Wages, and Collective Bargaining: Evidence from France

Carluccio, Juan; Fougère, Denis; Gautier, Erwan - C.E.P.R. Discussion Papers - 2015

We estimate the impact of international trade on wages using data for French manufacturing firms. We instrument firm … shocks have a positive effect on wages. Exports increase wages for all occupational categories while offshoring has … heterogeneous effects. The impact of trade on wages varies across bargaining regimes. In firms with collective bargaining, the …

Persistent link: https://www.econbiz.de/10011196039

Employment Determination in British Industry: Investigations Using Micro-Data

Nickell, Stephen; Wadhwani, Sushil B - C.E.P.R. Discussion Papers - 1989

This paper derives and then estimates a model of employment where unions and firms bargain over wages and possibly …

Persistent link: https://www.econbiz.de/10005661631

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