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This paper investigates economic determinants and effects of aggregate union membership in the Federal Republic of Germany. We establish that in the long run, high union membership levels coincide not only with a large labour force, but also with a high level of real wages, a small dispersion of...
Persistent link: https://www.econbiz.de/10005656160
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
Emerging world countries have experienced over the last two decades a significant change in their trade patterns. Bold trade reforms have been followed by rapid rises in international trade levels. However, despite these radical changes, we know remarkably little about how changes in trade...
Persistent link: https://www.econbiz.de/10011084500
This paper uses firm level panel data to investigate empirically the effects of direct foreign investment (DFI) on the productivity performance of domestic firms in three emerging economies of Central and Eastern Europe, Bulgaria, Romania and Poland. To this end a unique firm level panel data...
Persistent link: https://www.econbiz.de/10005124164
consistent with theoretical predictions. In particular, for both men and women, more extensive involvement of unions in wage … on the relative unemployment of these groups. In contrast, a larger role for unions has insignificant effects on male …
Persistent link: https://www.econbiz.de/10005789178
This paper attempts to assess the relative importance of firm-specific factors (i.e., insider forces) in wage determination. Using firm-level data on 219 UK companies over the period 1974-82, it finds that a 1% rise in a firm's prices or productivity relative to the aggregate economy leads to a...
Persistent link: https://www.econbiz.de/10005791514
The literature on monetary policy games establishes that policy makers' attempts to boost employment above the 'natural' rate are futile and result in an inflationary bias when wage setters have rational expectations and the policy maker cannot precommit. This implies that a variation of the...
Persistent link: https://www.econbiz.de/10005791594
Following monetary union with west Germany in June 1990 the median real monthly wage of prime age east German workers rose by 83% in six years. I use the German Socio-Economic Panel data to investigate the determinants of this wage growth and some of its implications. For the 1990-1991 period I...
Persistent link: https://www.econbiz.de/10005791595
This paper develops a simple model of employment, non-statutory redundancy pay and wage determination. An interesting feature of this model is that the contract curve is vertical. Some of the predictions of the model are confronted with the available British data on non-statutory firing costs,...
Persistent link: https://www.econbiz.de/10005791782
In contrast to the United States or the United Kingdom where union status is generally tied to the job, the typical unionized worker in Germany is a member of an industry union and there is no direct institutional link between union membership and the worker's wage. Using micro data from the...
Persistent link: https://www.econbiz.de/10005792011