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Sharing Is caring : employee stock ownership plans and employee wellbeing in U.S. manufacturing
Adrianto, Adrianto; Ben-Ner, Avner; Sockin, Jason; … - 2024
Do employees fare better in firms they partly own? Examining workers' reviews of their employers on Glassdoor, we compare employee satisfaction between firms in which workers own company shares through an employee stock ownership plan (ESOP) and conventional firms in which they do not. Focusing...
Persistent link: https://www.econbiz.de/10015048811
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Value of work : bargaining, job-satisfaction, and taxation in a simple GE model
FitzRoy, Felix R. (contributor);  … - 2005
Job-satisfaction as a component of workers' utility has been strangely neglected, with work usually regarded as reducing utility and the benefits of leisure. This is contradicted by many empirical studies showing that unemployment is a major cause of unhappiness, even when income is controlled...
Persistent link: https://www.econbiz.de/10003115146
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On the role of sectoral and national components in the wage bargaining process
Dreger, Christian; Reimers, Hans-Eggert - 2010
This paper provides an empirical analysis on the determination of wages at the sectoral level in main industrial economies. Nominal wages are bargained between labour unions and employers in imperfect competitive markets, where spillovers across sectors might occur. Using a principal component...
Persistent link: https://www.econbiz.de/10003959628
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Overtime working in an unregulated labour market
Bell, David N. F.; Hart, Robert A. - 1999
Using individual-level data on male non-managerial workers from the 1996 British New Earnings Survey, we estimate overtime hours and average premium pay equations. Among other issues, four broad questions are of central importance. (a) What are the impacts of straight-time pay and hours on...
Persistent link: https://www.econbiz.de/10011295415
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Unions and wage inequality : the roles of gender, skill and public sector employment
Card, David E.; Lemieux, Thomas; Riddell, William Craig - 2018
study is motivated by profound recent changes in the composition of the unionized workforce. Historically, union jobs were …, unions reduce economy-wide wage inequality by less than 10% in both countries. However, union impacts on wage inequality are … no longer differ. The key differences in union impacts are between the public and private sectors - not between males and …
Persistent link: https://www.econbiz.de/10011949616
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Sequential bargaining in a new-Keynesian model with frictional unemployment and staggered wage negotiation
De Walque, Gregory; Pierrard, Olivier; Sneessens, Henri; … - 2009
We consider a model with frictional unemployment and staggered wage bargaining where hours worked are negotiated every period. The workers' bargaining power in the hours negotiation affects both unemployment volatility and inflation persistence. The closer to zero this parameter, (i) the more...
Persistent link: https://www.econbiz.de/10003824877
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US labor market dynamics revisited
Yashiv, Eran (contributor) - 2006
The picture of U.S. labor market dynamics is opaque. Empirical studies of U.S. gross worker flows have yielded contradictory findings, and it is not easy to get a sense of the key moments of the data. Debates have emerged regarding the implications of these flows for the understanding of the...
Persistent link: https://www.econbiz.de/10003500300
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Bargaining and wage rigidity in a matching model for the US
Malcomson, James M.; Mavroeidis, Sophocles - 2015
The Mortensen and Pissarides (1994) matching model with all wages negotiated each period is shown inconsistent with macroeconomic wage dynamics in the US. This applies even when heterogeneous match productivities, time to build vacancies and credible bargaining are incorporated. Wage rigidity...
Persistent link: https://www.econbiz.de/10010472486
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Institutional features of wage bargaining in 23 European countries, the US and Japan
Du Caju, Philip; Gautier, Erwan; Momferatou, Daphne; … - 2008
union membership is low in many countries, union coverage is high and almost all countries also have some form of national …-setting institutions. -- Wage bargaining ; institutions ; indexation ; trade union membership ; cluster analysis …
Persistent link: https://www.econbiz.de/10003782501
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Give me your wired and your highly skilled : measuring the impact of immigration policy on employers and shareholders
Lin, Carl - 2011
The paper links finance theory to labor economics and political economy in the context of migration and immigration policy. Most research treating the impact of immigration has focused on the consequences for employees as measured by wages, earnings, and employment. Less is known about the...
Persistent link: https://www.econbiz.de/10009308050