We characterize the equilibrium of a search model with a continuum of job and worker types, wage bargaining, free entry …' bargaining power resolves this inefficiency. Unemployment benefits are a second best alternative to this policy. We establish …

-related pay and union bargaining, where union power reduces the impact of performance pay on wage dispersion. The empirical … bargaining …

welfare gains but gives rise to large wage differentials. -- Job search ; wage bargaining ; wage differentials ; unemployment …

accounting approach and the standard labor economics approach are compatible with distinct labor bargaining settings (right …-to-manage, efficient bargaining, labor hoarding) whereas the productivity approach hinges on the assumption of efficient bargaining. Across … comparable range. We interpret the latter finding as lending empirical support to efficient bargaining as the nature of the …

, and individual and firm-level wage regressions. Unions' impact through collective and firm-level bargaining mainly works …

This paper investigates the increase in wage inequality, the decline in collective bargaining, and the development of … by real wage losses below the median. Coverage by collective wage bargaining plummets by 16.5 (19.1) percentage points … shows that all workplace related effects (firm effects and bargaining effects) and coefficients for personal characteristics …

This paper studies how decentralization of wage bargaining from sector to firm-level influences wage levels and wage … decentralization. We find a wage premium associated with firm-level bargaining relative to sector-level bargaining, and that the return … are more dispersed under firm-level bargaining compared to more centralized wage-setting systems. -- wage bargaining …

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 …