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In this article, we document and discuss salient features of collective bargaining systems in the OECD countries, with … bargaining. We hope that such an interest may help close the gap between how economists tend to model wage setting and how wages … that firms or employer associations bargain with unions over wages, producing collective bargaining systems. We show that …
Persistent link: https://www.econbiz.de/10013388793
The recent shift to remote work raised the amenity value of employment. As compensation adjusts to share the amenity …
Persistent link: https://www.econbiz.de/10013334415
We study the importance of firm sorting for spatial inequality. If productive locations are able to attract the most productive firms, then firm sorting acts as an amplifier of spatial inequality. We develop a novel model of spatial firm sorting, in which heterogeneous firms first choose a...
Persistent link: https://www.econbiz.de/10013462686
Does capital accumulation increase labor demand and wages? Neoclassical production functions, where capital and labor are q-complements, ensure that the answer is yes, so long as labor markets are competitive. This result critically depends on the assumption that capital accumulation does not...
Persistent link: https://www.econbiz.de/10014512044
More than ten percent of Americans with recent work experience say they will continue social distancing after the COVID-19 pandemic ends, and another 45 percent will do so in limited ways. We uncover this Long Social Distancing phenomenon in our monthly Survey of Working Arrangements and...
Persistent link: https://www.econbiz.de/10013435130
Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar firms start their business life small and then grow over time. Small firms have less internal resources, which makes them more fragile and sensitive to macroeconomic conditions....
Persistent link: https://www.econbiz.de/10014322738
-specific bargaining (1992-1997). The relationship between wages and employment shifted significantly across these periods as evidenced by …This study examines the impact of unions on wages and employment using data from Uruguay in a period where unions were … banned (1973-1984), then legalized with tripartite bargaining (1984-1991) followed by industry-wide or firm …
Persistent link: https://www.econbiz.de/10012471275
tractable relation for wage dynamics that is a natural generalization of the period-by-period Nash bargaining outcome in the … conventional formulation. An interesting side-product is the emergence of spillover effects of average wages on the bargaining …
Persistent link: https://www.econbiz.de/10012466167
Social movements are catalysts for crucial institutional changes. To succeed, they must coordinate members' views (consensus building) and actions (mobilization). We study union leaders within Myanmar's burgeoning labor movement. Union leaders are positively selected on both personality traits...
Persistent link: https://www.econbiz.de/10014576648
We study how labor market conditions affect unionization decisions. Tight labor markets might spur unionization, e.g., by reducing the threat of unemployment after management opposition or employer retaliation in response to a unionization attempt. Tightness might also weaken unionization by...
Persistent link: https://www.econbiz.de/10014447309