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Uniform and Nonuniform Staggering of Wage Contracts
Danziger, Leif - Institute for the Study of Labor (IZA) - 2010
This paper provides a model that can account for the almost uniform staggering of wage contracts in some countries as well as for the markedly nonuniform staggering in others. In the model, short and long contracts as well as long contracts concluded in different periods are strategic...
Persistent link: https://www.econbiz.de/10008548722
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Extension of Labor Contracts and Optimal Backpay
Danziger, Leif - Institute for the Study of Labor (IZA) - 2006
This paper explains why a union and a firm might settle on a contract duration that may later be extended and … in the economy. It is also shown that the optimal backpay reduces the negative impact of nominal uncertainty on a worker …
Persistent link: https://www.econbiz.de/10005703294
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Bargaining Frictions and Hours Worked
Auray, Stéphane; Danthine, Samuel - Institute for the Study of Labor (IZA) - 2005
A matching model with labor/leisure choice and bargaining frictions is used to explain (i) differences in GDP per hour and GDP per capita, (ii) differences in employment, (iii) differences in the proportion of part-time work across countries. The model predicts that the higher the level of...
Persistent link: https://www.econbiz.de/10005822396
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Globalised Labour Markets? International Rent Sharing across 47 Countries
Martins, Pedro S.; Yang, Yong - Institute for the Study of Labor (IZA) - 2010
We present evidence about the role of rent sharing in fostering the interdependence of labour markets around the world. Our results draw on a firm-level panel of more than 2,000 multinationals and more than 5,000 of their affiliates, covering 47 home and host countries. We find considerable...
Persistent link: https://www.econbiz.de/10008683658
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Disentangling Pay and Productivity in a Corporatist Economy: The Case of Germany
Fuess Jr., Scott M.; Millea, Meghan - Institute for the Study of Labor (IZA) - 2002
Conventional theory predicts that productivity gains lead to pay hikes. Pay increases, however, can influence labor productivity. But what about in a corporatist economy? Focusing on Germany, we use an innovative technique developed by Geweke to disentangle the relationship between pay and...
Persistent link: https://www.econbiz.de/10005566660
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Pay and Productivity in a Corporatist Economy: Evidence from Austria
Fuess, Scott M. Jr.; Millea, Meghan - Institute for the Study of Labor (IZA) - 2001
Conventional theory predicts that productivity gains lead to hikes in real pay. Efficiency wage theory hypothesizes that pay increases can lead to productivity improvements. But would such results be observed in a corporatist economy with centralized bargaining? For the case of Austria, a...
Persistent link: https://www.econbiz.de/10005566727
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The Impact of Teams on Output, Quality and Downtime: An Empirical Analysis Using Individual Panel Data
Kato, Takao; Jones, Derek C. - Institute for the Study of Labor (IZA) - 2007
To investigate the size and the timing of the direct impact of participatory arrangements on business performance, we assemble and analyze extraordinary daily data - for rejection, production and downtime rates for all operators in a single plant during a 35 month period, more than 77,000...
Persistent link: https://www.econbiz.de/10005761809
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Labor Market Institutions and the Response of Inflation to Macro Shocks in the EU: A Two-Sector Analysis
D'Adamo, Gaetano; Rovelli, Riccardo - Institute for the Study of Labor (IZA) - 2013
We model empirically the role of labor market institutions in affecting the response of inflation to labor market and exchange rate shocks in the EU. We adopt a simple Phillips curve framework, treating separately the sectors producing traded and non-traded goods. Our results show that labor...
Persistent link: https://www.econbiz.de/10010884190
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Labour Contracts and Performance of Cameroonian Firms
Fomba Kamga, Benjamin - Institute for the Study of Labor (IZA) - 2011
The aim of this study is to evaluate employees' productivity in relation to their contract status. This study uses (a) survey data collected among manufacturing sector firms, having more than 15 employees, in Cameroon between April and May 2006 and (b) information issued by the National...
Persistent link: https://www.econbiz.de/10009404597
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Job Search with Nonparticipation
Frijters, Paul; van der Klaauw, Bas - Institute for the Study of Labor (IZA) - 2004
these transitions allows the identification of duration dependence in the job offer arrival rate and the wage offer … likelihood. The results show that the presence of significant negative duration dependence in the wage offer distribution causes … reservation wages to decrease. The rate at which job offers arrive is constant over the unemployment duration. These findings …
Persistent link: https://www.econbiz.de/10005822398