investigates its impact on the evolution of employment. Whilst maintaining the assumption of a unitary long-run elasticity of wages … stylised labour demand equation and show that the labour share is a driving force of employment. We substantiate our analytical … exposition by providing empirical models of wage setting and employment equations for France, Germany, Italy, Japan, Spain, the …

inequality and employment. To this end, we use annual data for the US, UK and Sweden over the past forty years and estimate … contributions of the labour share to the trajectories of inequality and employment during specific time intervals in the post-1990 … years. We find that during the nineties the cost of a one percent increase in employment was in the range of 0 …

noncontractible but can be included in extended collective bargaining when workers participate in management, but employment is still … traditional bargaining over wages to extended (but still second-best) bargaining can generate a Pareto welfare improvement. …

employment in the material goods sector. International trade may reduce wages in poor countries and increase them in rich …

laws: employment protection and labor dispute resolution legislation. We find that laws that increase employment protection … or the cost of labor disputes substantially reduce registered sector employment and output. These laws do no seem to … as textiles, are the hardest hit by amendments that increase employment protection while capital-intensive industries are …