We argue that in labor markets with central wage bargaining wage flexibility varies systematically across the wage distribution: local wage flexibility is more relevant for the upper part of the wage distribution, and flexibility of wages negotiated under central wage bargaining affects the...

Als letzter Redner im Sommersemester 2003 referierte Prof. Dr. Wernhard Möschel, Universität Tübingen, am 7. Juli im Münchner Seminar am ifo Institut zum Thema Tarifautonomie und Lohnfindung. Insbesondere zeigte er Möglichkeiten auf, im gegebenen rechtlichen Rahmen dem Flächentarifvertrag...

At the turn of the millennium three frequently cited potential causes of new challenges for wage policy in Germany are revisited in this study: skilled-biased technological progress, the increasing international integration of labor and product markets, and the monetary integration of the EMU....