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contradiction between two influential theories. On one hand, in the standard search-matching theory with wage bargaining, hiring … cost and constant returns of labor, the bargaining power of employees allows them to get rents and gives rise either to … bargaining with no hiring cost and decreasing returns of labor, the bargaining power of employees does not allow them to get rent …
Persistent link: https://www.econbiz.de/10011401500
In Spain, as in several other European countries, sectoral bargaining agreements are automatically extended to cover … inequality for women. At the establishment level, we compare average wages under firm-level and sectoral bargaining, controlling …-specific contracting raises average wages, with a pattern of effects that tends to increase inequality relative to sectoral bargaining for …
Persistent link: https://www.econbiz.de/10002525189
collective bargaining agreements, to study the interactions between wage floors and wage cushions and quantify the impact of …
Persistent link: https://www.econbiz.de/10012509681
We examine the changing relationship between unionization and wage inequality in Canada and the United States. Our study is motivated by profound recent changes in the composition of the unionized workforce. Historically, union jobs were concentrated among low-skilled men in private sector...
Persistent link: https://www.econbiz.de/10011949616
Paid family leave allows workers to take time off from work to care for a family member with a serious health condition, with reduced financial risk and increased job continuity. In 2004, California was the first state in the nation to implement a paid family leave program allowing workers to...
Persistent link: https://www.econbiz.de/10012518215
In October 2007 France introduced an exemption on the income tax and social security contributions that applied to wages received for hours worked overtime. The goal of the policy was to increase the number of hours worked. This article shows that this reform has had no significant impact on...
Persistent link: https://www.econbiz.de/10009124586
Short-time work programs were revived by the Great Recession. To understand their operating mechanisms, we first provide a model showing that short-time work may save jobs in firms hit by strong negative revenue shocks, but not in less severely-hit firms, where hours worked are reduced, without...
Persistent link: https://www.econbiz.de/10011881536
This article provides an overview of the economic literature on short-time work. It presents the main characteristics of short-time work since its emergence in Germany in the 1930s. It analyzes its effectiveness as a job preservation mechanism, drawing on theoretical models and empirical...
Persistent link: https://www.econbiz.de/10014580739