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Gradual collective wage bargaining
Dobbelaere, Sabien; Luttens, Roland Iwan - 2016
This paper presents an alternative implementation of firm-level collective wage bargaining, where bargaining proceeds … equilibrium is equivalent to the efficient bargaining outcome. In a dynamic framework with search frictions, we demonstrate that … gradual collective wage bargaining coincides with all-or-nothing bargaining when bargaining takes place in fictitious time …
Persistent link: https://www.econbiz.de/10011441532
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Equilibrium directed search with multiple applications
Albrecht, James W.; Gautier, Pieter; Vroman, Susan B. - 2005
We analyse a model of equilibrium directed search in a large labour market. Each worker, observing the wages posted at all vacancies, makes a fixed, finite number of applications, a. We allow for the possibility of ex post competition should more than one vacancy want to hire the same worker....
Persistent link: https://www.econbiz.de/10011332815
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Strategic wage setting and coordination frictions with multiple applications
Gautier, Pieter; Moraga-González, José Luis - 2004
We examine wage competition in a model where identical workers choose the number of jobs to apply for and identical firms simultaneously post a wage. The Nash equilibrium of this game exhibits the following properties: (i) an equilibrium where workers apply for just one job exhibits unemployment...
Persistent link: https://www.econbiz.de/10011335208
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The structure of firm-specific labour unions
Bayındır-Upmann, Thorsten; Müller, Julia - 2013
Persistent link: https://www.econbiz.de/10009767003
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Intra firm bargaining and shapley values
Bruegemann, Bjoern; Gautier, Pieter; Menzio, Guido - 2015
The paper revisits the problem of wage bargaining between a firm and multiple workers. We show that the Subgame Perfect … coincides with the Shapley values as claimed in their classic paper. We propose an alternative extensive-form bargaining game …
Persistent link: https://www.econbiz.de/10011327338
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Wage structure and the incentive effect of promotions
Herpen, Marco van; Cools, Cornelis; Praag, Mirjam van - 2004
This paper studies wage structure characteristics and their incentive effects within one firm. Based on personnel records and an employee survey, we provide evidence that wages are attached to jobs and that promotions play a dominant role as a wage determinant. We furthermore show that a...
Persistent link: https://www.econbiz.de/10011337995
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An empirical measure for labor market density
Gautier, Pieter; Teulings, Coen N. - 2000
In this paper we derive a structural measure for labor market density based on the Ellison and Glasear (1997) "Index for industry concentration". This labor market density measure serves as a proxy for the number of workers that can reach a certain work area within a reasonal amount of traveling...
Persistent link: https://www.econbiz.de/10011303301
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Sorting and the output loss due to search frictions
Gautier, Pieter; Teulings, Coen N. - 2012
We analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs. This model yields a simple relationshipbetween (i) the unemployment rate, (ii) the value of non-market time, and (iii) themax-mean wage differential. The latter measure of wage...
Persistent link: https://www.econbiz.de/10011382706
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Comparing micro-evidence on rent sharing from three different approaches
Dobbelaere, Sabien; Mairesse, Jacques - 2015
Empirical labor economists have resorted to estimating the responsiveness of workers' wages on firms' ability to pay to assess the extent to which employers share rents with their employees. This paper compares this labor economics approach with two other approaches that rely on standard micro...
Persistent link: https://www.econbiz.de/10010532584
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On-the-job search and sorting
Gautier, Pieter; Teulings, Coen N.; Vuuren, Aico van - 2005
This paper characterizes the equilibrium for a large class of search models with two-sided heterogeneity and on-the-job search. Besides the well-known congestion externalities, we show that on-the-job search in combination with monopsonistic wage setting without commitment creates a...
Persistent link: https://www.econbiz.de/10011346489