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This paper investigates the influence of industrial relations on firm wage premia in Germany. OLS regressions for the firm effects from a two-way fixed effects decomposition of workers' wages by Card, Heining, and Kline (2013) document that average premia are larger in firms bound by collective...
Persistent link: https://www.econbiz.de/10011794610
enterprise formation is adversely affected by economic risks, unemployment compensation, union power, and labor protection …
Persistent link: https://www.econbiz.de/10009781640
numerically. The main result is that an increase in union power reduces the equilibrium rate of entrepreneurship and reduces the …
Persistent link: https://www.econbiz.de/10009781656
International comparisons of labour market institutions and their transfer across boundaries have gained in importance. The paper deals with the question of the best way to proceed in making such comparisons. At the same time the question of the possibilities and limits to institutional transfer...
Persistent link: https://www.econbiz.de/10011539100
This paper discusses the reasons for the dismal labor market performance of Germany over the last three decades along with potential remedies. It argues that labor market rigidities along with a generous welfare state in conjunction with certain changes in the economic environment are important...
Persistent link: https://www.econbiz.de/10011506205
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monetary regime (eg a monetary union). Thus, the gains from co-ordination are larger under a passive regime. Under some …
Persistent link: https://www.econbiz.de/10011398035
A perceived need to increase nominal wage flexibility as a substitute for domestic monetary policy and a tendency to less wage moderation are likely to promote bargaining co-ordination and social pacts in the EMU. But such co-ordination is not likely to be sustainable in the long run, as it...
Persistent link: https://www.econbiz.de/10011399330