Showing 1 - 10 of 2,402
In this paper, I study the political rationale for labor market regulation. Oligopolists employ raw labor and human … less competition from outside. Then, the fall of income due to wage increases is reduced and labor market regulation …
Persistent link: https://www.econbiz.de/10010350356
Till the early-1990s the collectively-bargained labor contract (between the trade-union that presented the employees, and the employer or the employers'-association) was the norm, granting salaried workers a stable and protected labor contract. Thereafter, and more significantly after 1995, the...
Persistent link: https://www.econbiz.de/10010463410
We study the impact of loan regulation in rural India on child labor with an overlapping-generations model of formal … household types. -- child labor ; India ; informal lending ; lending discrimination ; interest rate caps …
Persistent link: https://www.econbiz.de/10009665022
factors governing entry rates, especially in the context of developing countries. Using 3-digit industry level data from India … institutional and legacy factors. We also find evidence to suggest that, in India, entry rates were positively associated with … growth in total factor productivity. -- entry ; productivity ; institutions ; regulations ; India ; reforms …
Persistent link: https://www.econbiz.de/10003310958
Using individual-level data on male non-managerial workers from the 1996 British New Earnings Survey, we estimate overtime hours and average premium pay equations. Among other issues, four broad questions are of central importance. (a) What are the impacts of straight-time pay and hours on...
Persistent link: https://www.econbiz.de/10011295415
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
Persistent link: https://www.econbiz.de/10001776078
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 closer to zero this parameter, (i) the more...
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 Mortensen and Pissarides (1994) matching model with all wages negotiated each period is shown inconsistent with macroeconomic wage dynamics in the US. This applies even when heterogeneous match productivities, time to build vacancies and credible bargaining are incorporated. Wage rigidity...
Persistent link: https://www.econbiz.de/10010472486