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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
manufacturing sectors to simultaneously estimate mark-up and workers’ bargaining power parameters according to sector, firm size and … period. We find a significant drop in both the mark-up and the workers’ bargaining power in the mid-nineties. In the second … significantly contributed to the decrease in both mark-ups and workers’ bargaining power. …
Persistent link: https://www.econbiz.de/10011377465
Short-term contracts and exogenous productivity growth are introduced in asimple wage bargaining model. The equilibrium … credible, but neverwhen strike is not credible. In the limit as time between bargaining roundsvanishes only the first paradox …
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status, but by the bargaining regime. Four bargaining regimes can be distinguished: (i) company level bargaining, (ii …) industry level bargaining, (iii) mandatory extension of an industry agreement, and (iv) no collective bargaining. Acknowledging … firms' bargaining regime, we find small differences between the four regimes, and certainly no distinction between "covered …
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Strikes as a consequence of labour conflicts occur about 28 times as much in France as in the Netherlands. This paper examines the institutional differences underlying these differences in strike activity. Our empirical analysis shows that strike activity is high in France if workers were...
Persistent link: https://www.econbiz.de/10011334347
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
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