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bargaining under offer-of-settlement rules that can be used to analyze the effect that such rules have on the terms of settlement …
Persistent link: https://www.econbiz.de/10012471084
Centralized wage-setting institutions compress relative wages. Motivated by this fact, we investigate the effects of centralized wage setting on the industry distribution of employment. We examine Sweden's industry distribution from 1960 to 1994 and compare it to the U.S. distribution over the...
Persistent link: https://www.econbiz.de/10012471274
banned (1973-1984), then legalized with tripartite bargaining (1984-1991) followed by industry-wide or firm …-specific bargaining (1992-1997). The relationship between wages and employment shifted significantly across these periods as evidenced by …-output elasticity fell sharply after 1984. - Unions significantly raised wages in 1985-1992, but afterwards the change in bargaining …
Persistent link: https://www.econbiz.de/10012471275
Two key facts about European unemployment must be explained: the rise in unemployment since the 1960s, and the heterogeneity of individual country experiences. While adverse shocks can potentially explain much of the rise in unemployment, there is insufficient heterogeneity in these shocks to...
Persistent link: https://www.econbiz.de/10012471501
importance of incentive-compatibility and self-enforcement and the bargaining problems faced in achieving viable, long …
Persistent link: https://www.econbiz.de/10012471652
collective bargaining agreements, to study the interactions between wage floors and wage cushions and quantify the impact of …
Persistent link: https://www.econbiz.de/10012510573
individual bargaining power, such as under a collective bargaining agreement or in markets with posted wages, greater … equilibrium has received less attention. To study these outcomes, we build a model of bargaining under incomplete information and … bargaining power of workers, leading to lower average wages. A key insight is that employers credibly refuse to pay high wages to …
Persistent link: https://www.econbiz.de/10012585387
likely to close a deal than low performers. Effective mediators improve bargaining outcomes by helping buyers and sellers …
Persistent link: https://www.econbiz.de/10012616607
selecting an arbitrator; and (3) the final bargaining position to advance before an arbitrator …
Persistent link: https://www.econbiz.de/10012476858
efficient bargaining model implies that the division of the quasi-rents will result in dollar for dollar exchanges of wealth … between the union members and the shareholders. The leading inefficient bargaining models do not imply such tradeoffs in … National Affairs in Collective Bargaining Negotiations and Contracts. Security price data for the firms were merged with these …
Persistent link: https://www.econbiz.de/10012476932