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In oligopolistic industries, increased cost saving opportunities via offshoring have a moderating effect on trade unions. In order to discourage mobile firms from leaving the country, unions accept lower sector wages. In effect, the negotiated wage becomes independent of workers' bargaining...
Persistent link: https://www.econbiz.de/10010270554
(job security, health, subjective job quality, and wages). Worker voice slightly raised firm survival, productivity, and …
Persistent link: https://www.econbiz.de/10012581999
Real-world negotiations differ fundamentally from existing bargaining theory. Inspired by the Paris Agreement on climate change, this paper develops a novel bargaining game in which each party quantities its own contribution (to a public good, for example), before the set of pledges must be...
Persistent link: https://www.econbiz.de/10012892276
We analyse the two-dimensional Nash bargaining solution (NBS) deploying a standard labour market negotiations model (McDonald and Solow, 1981). We show that the two-dimensional bargaining problem can be decomposed into two one-dimensional problems such that the two solutions together replicate...
Persistent link: https://www.econbiz.de/10012828121
Recent research documents mounting evidence for sizable and persistent biases in individual labor market expectations. This paper incorporates subjective expectations into a general equilibrium labor market model and studies the implications of biased expectations for wage bargaining, vacancy...
Persistent link: https://www.econbiz.de/10014358405
interactions between MP and trade. According to the model with MP, supply-side productivity shocks contributed to the collapse of … to shocks that affected aggregate productivity and were specific to multinationals in a few key headquarters countries …
Persistent link: https://www.econbiz.de/10014358332
(job security, health, subjective job quality, and wages). Worker voice slightly raised firm survival, productivity, and …
Persistent link: https://www.econbiz.de/10013239560
hypothesis that financial and productivity performance is superior in establishments without worker representation is not … favorable regime for financial performance, although this does not carry over to the labor productivity outcome. On net, however … without formal workplace representation. Greater worker commitment is strongly associated with improved labor productivity …
Persistent link: https://www.econbiz.de/10012227669
This paper examines how collective bargaining through unions and workplace co-determination through works councils shape labour market imperfections and how labour market imperfections matter for employer wage premia. Based on representative German plant data for the years 1999-2016, we document...
Persistent link: https://www.econbiz.de/10012425645
hypothesis that financial and productivity performance is superior in establishments without worker representation is not … favorable regime for financial performance, although this does not carry over to the labor productivity outcome. On net, however … without formal workplace representation. Greater worker commitment is strongly associated with improved labor productivity …
Persistent link: https://www.econbiz.de/10012832181