the form of wage drift, partly offset collective bargaining, granting firms a high degree of freedom when setting wages …This Paper aims at answering the question: how does a typically 'European' bargaining system – with collective … bargaining, extension mechanisms and national minimum wage – coexist with low unemployment rate and high wage flexibility? A …

In this paper we develop a fully game-theoretic version of the right-to-manage model of firm-level bargaining where … strategic interactions among firms are explicitly recognized. Our main aim is to investigate how equilibrium wages and … bargaining power of unions and managers. …

There is a vast empirical literature on the effects of training on wages that are taken as an indirect measure of … Force Survey. This is combined with complementary industry-level data sources on value added, wages, labour and capital. We … productivity) is low. Secondly, our estimates of the effects of training on wages are about half the size of the effects on …

determinants receive, at least in Germany. While wages are affected negatively by a relative increase in imports, immigration …

how centralized bargaining inhibits firms from using wages to induce workers to learn how to use their experience from one … occupational specialization towards multi-tasking – for centralized wage bargaining. The analysis shows how, on account of this … reorganization, centralized bargaining becomes increasingly inefficient and detrimental to firms’ profit opportunities, since it …

second part we offer a further argument for a potential detrimental effect of immigration: if wages are negotiated at the … firm level and migrant workers are less strike-prone, the bargaining power of workers will be lower the higher the share of …

This paper develops a theoretical model of the <MI>simultaneous<D> determination of union wages and union membership … union wages. Although some empirical studies have effectively endogenized membership to control for simultaneity, the … determination where the union is recognized for bargaining purposes, where membership of the union is not compulsory, and where the …