Showing 1 - 10 of 103
We consider a model with frictional unemployment and staggered wage bargaining where hours worked are negotiated every … period. The workers' bargaining power in the hours negotiation affects both unemployment volatility and inflation persistence …) the lower the effective workers' bargaining power for wages and (iii) the more important the hourly wage in the marginal …
Persistent link: https://www.econbiz.de/10003824877
This paper provides an empirical analysis on the determination of wages at the sectoral level in main industrial economies. Nominal wages are bargained between labour unions and employers in imperfect competitive markets, where spillovers across sectors might occur. Using a principal component...
Persistent link: https://www.econbiz.de/10003959628
The picture of U.S. labor market dynamics is opaque. Empirical studies of U.S. gross worker flows have yielded contradictory findings, and it is not easy to get a sense of the key moments of the data. Debates have emerged regarding the implications of these flows for the understanding of the...
Persistent link: https://www.econbiz.de/10003500300
Building on the right-to-manage model of collective bargaining, this paper tries to infer union power from the observed …. -- trade union power ; wage bargaining ; labour share ; Germany …
Persistent link: https://www.econbiz.de/10009310697
that unions were engaged in concession bargaining. Overall, our results challenge the common view that trade unions in the …
Persistent link: https://www.econbiz.de/10011376316
This paper provides an economic foundation for non-binding mediation to stimulate first collective bargaining …
Persistent link: https://www.econbiz.de/10009786453
A striking feature of the past few decades has been the development of wage-determination models that assume that labour markets are imperfectly competitive. This paper discusses two such models (trade unions and oligopsony), although there are many more. It also asks if imperfectly competitive...
Persistent link: https://www.econbiz.de/10010257588
This paper studies the effects of nursing home unionization on numerous labor, establishment, and consumer outcomes using a regression discontinuity design. We find negative effects of unionization on staffing levels and no decline in care quality, suggesting positive labor productivity effects....
Persistent link: https://www.econbiz.de/10010364488
In this paper, I study the political rationale for labor market regulation. Oligopolists employ raw labor and human capital (i.e. key workers) for production and R&D. There are many jurisdictions, in each of which a self-interested policy maker can regulate/deregulate the local labor market. I...
Persistent link: https://www.econbiz.de/10010350356
credible bargaining are incorporated. Wage rigidity consistent with micro evidence that wages of job changers are more flexible …
Persistent link: https://www.econbiz.de/10010472486