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Real and Nominal Wage Adjustment in Open Economies
Forslund, Anders - 2013
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...
Persistent link: https://www.econbiz.de/10012754391
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Centralised Labour Market Negotiations
Müller, Julia; Upmann, Thorsten - CESifo - 2013
This paper contributes to the analysis of central vs. decentral (firm-level) labour market negotiations. We argue that during negotiations on a central scale employers and employees plausibly take output market effects into account, while they behave competitively during firm-level negotiations....
Persistent link: https://www.econbiz.de/10010711144
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Sick Pay Reforms and Health Status in a Unionised Labour Market
Goerke, Laszlo - 2016
We theoretically analyse the effects of sick pay and employees' health on collective bargaining, assuming that individuals determine absence optimally. If sick pay is set by the government and not paid for by firms, it induces the trade union to lower wages. This mitigates the positive impact on...
Persistent link: https://www.econbiz.de/10012977408
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Centralised Labour Market Negotiations
Müller, Julia - 2013
This paper contributes to the analysis of central vs. decentral (firm-level) labour market negotiations. We argue that during negotiations on a central scale employers and employees plausibly take output market effects into account, while they behave competitively during firm-level negotiations....
Persistent link: https://www.econbiz.de/10013072513
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Competition in the Service Sector and the Performances of Manufacturing Firms : Does Liberalization Matter?
Forlani, Emanuele - 2010
Services form an increasing proportion of the inputs used in manufacturing. We explore empirically whether competition in the service sector affects downstream manufacturing firms' efficiency, via the inputs used. Using French micro-data for services, we calculate proxies for competition in...
Persistent link: https://www.econbiz.de/10013147792
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Union Bargaining Power and Product Innovation : Relevance of the Preference Function
Basak, Debasmita - 2014
We show the effects of the bargaining power of labour unions on product innovation under decentralised and centralised wage bargaining. In this context, we show the implications of preference function, which affects the market size. A higher union bargaining power increases innovation if...
Persistent link: https://www.econbiz.de/10013045339
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CEO Preferences and Acquisitions
Jenter, Dirk; Lewellen, Katharina - CESifo - 2011
This paper explores the impact of target CEOs’ retirement preferences on the incidence, the pricing, and the outcomes of takeover bids. Mergers frequently force target CEOs to retire early, and CEOs’ private merger costs are the forgone benefits of staying employed until the planned...
Persistent link: https://www.econbiz.de/10009399662
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Sources of the German Productivity Demise - Tracing the Effects of Industry-Level ICT Investment
Eicher, Theo S. - 2007
While the US experienced two successive labor productivity surges in 1995 and 2000, Germany's productivity declined … dramatically during the same period. We examine the sources of Germany's productivity demise using the ifo industry growth … reduction in German labor hours, our data show that Information, Communication and Technology (ICT) investment in Germany was …
Persistent link: https://www.econbiz.de/10012777731
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Firm Wage Premia, Industrial Relations, and Rent Sharing in Germany
Hirsch, Boris; Müller, Steffen - 2021
This paper investigates the influence of industrial relations on firm wage premia in Germany. OLS regressions for the …
Persistent link: https://www.econbiz.de/10013315426
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How Trade Unions Increase Welfare
Donado, Alejandro; Wälde, Klaus - CESifo - 2011
Historically, worker movements have played a crucial role in making workplaces safer. Firms traditionally oppose better health standards. According to our interpretation, workplace safety is costly for firms but increases the average health of workers and thereby the aggregate labour supply. A...
Persistent link: https://www.econbiz.de/10009351471