Showing 1 - 10 of 38
In this Paper we analyse changes in the conditional distributions of male earnings in Spain during the 1980s. We use a large new database of records on individual workers and firms from the Spanish Social Security system for the period 1980-87. The data set is an unbalanced panel subject to...
Persistent link: https://www.econbiz.de/10005123514
Existing literature on the strategic interaction between the central bank (CB) and unions assumes that firms face …. This is done in a three stage game, in the first stage of which unions contractually set nominal wages, in the second stage … employment and output even when inflation is fully anticipated by labour unions and even when unions are indifferent to inflation …
Persistent link: https://www.econbiz.de/10005124489
A theoretical model of collective wage bargaining is developed in which unions set wages and employers decide …
Persistent link: https://www.econbiz.de/10005497944
In this paper we construct a simple model of the effects of immigration on the labour market outcomes of natives. In this model, skilled and unskilled labour are substitutes, immigrants are complementary to the former, and wages are determined by bargaining. We are able to prove that,...
Persistent link: https://www.econbiz.de/10005497951
unemployment: labour unions, supply shocks combined with real wage rigidity, and automation and trade combined with real wage …
Persistent link: https://www.econbiz.de/10005497987
This Paper develops a model in which the interaction between product market imperfections, transportation costs, unions …
Persistent link: https://www.econbiz.de/10005504420
This Paper surveys the economic literature on the impact of trade unions on innovation. There are many theoretical … routes through which unions may have an effect on innovation, for example through their effects on relative factor prices … that trade unions will ‘hold up’ firms by expropriating sunk R&D (research and development) investments through demanding …
Persistent link: https://www.econbiz.de/10005504563
We introduce labour market imperfections (i.e. unions and the existence of a wage floor) in a finance … decreases with union power. We also find that unions increase simultaneously steady-state employment, capital accumulation and …
Persistent link: https://www.econbiz.de/10005504720
We argue that the 1970s were characterized by attempts to maintain a cooperative, low unemployment equilibrium in the face of considerable union power, through use of incomes policies and neo-corporatist machinery. The 1980s saw a shift away from this, towards direct measures to limit union...
Persistent link: https://www.econbiz.de/10005504742
This paper presents a simple search and bargaining economy in which firms use concave production. Because a firm and worker negotiate over the worker's marginal productivity, the firm's wage is a function of its labour force. Reacting to this wage function, firms choose an excessively large and...
Persistent link: https://www.econbiz.de/10005656122