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How are wages set in an open economy? What role is played by demand pressure, international competition, and structural … factors in the labour market? How important is nominal wage rigidity and exchange rate policy for the evolution of real wages … and competitiveness? To answer these questions, we formulate a theoretical model of wage bargaining in an open economy and …
Persistent link: https://www.econbiz.de/10010261405
We structurally estimate an equilibrium search model using German administrative data and use this for counterfactual analyses of a uniform minimum wage. The model with worker and firm heterogeneity does not restrict the sign of employment effects a priori and allows for different job offer...
Persistent link: https://www.econbiz.de/10011887420
setting wages and determining work amenities. In the administrative data, we causally examine through which channels unions … depending on the age at which workers enroll. In addition, we show that focusing on a restricted set of outcomes, such as wages …
Persistent link: https://www.econbiz.de/10014348052
influence function (RIF) regressions. The most important drivers of wage dispersion are industry effects and the bargaining … collective bargaining coverage and the strong increase in wage dispersion within the group of covered plants have played a …
Persistent link: https://www.econbiz.de/10011957172
evidence of a sizable effect of union affiliation on wages. Gelbach's (2016) decomposition procedure is next deployed to …
Persistent link: https://www.econbiz.de/10011957208
heterogeneous labour market, where wages are determined by a monopoly labour union. We find that outsourcing promotes the wage …
Persistent link: https://www.econbiz.de/10010264123
We evaluate the effects of international outsourcing and labor taxation on wage formation and equilibrium unemployment in dual labor markets. Outsourcing promotes wage dispersion between the high-skilled and low-skilled workers. Higher domestic low-skilled wage tax, higher payroll tax and lower...
Persistent link: https://www.econbiz.de/10010264385
In European Welfare States, low-skilled workers are typically unionized, while the wage formation of high-skilled workers is more competitive. To focus on this aspect, we analyze how flexible international outsourcing and labour taxation affect wage formation, employment and welfare in dual...
Persistent link: https://www.econbiz.de/10010264468
What are the impacts of labor tax reform on wage setting and employment to keep the relative tax burden per low-skilled and high-skilled workers constant in the case of heterogenous domestic labor markets, i.e. imperfect competition in low-skilled labor and perfect competition in high-skilled...
Persistent link: https://www.econbiz.de/10010265972
What are the impacts of labor tax reform on wage setting and employment to keep the relative tax burden per low-skilled and high-skilled workers constant in the case of heterogeneous domestic labor markets, i.e. imperfect competition in low-skilled labor and perfect competition in high-skilled...
Persistent link: https://www.econbiz.de/10010275003