Since there is scant evidence on the role of industrial relations in wage cyclicality, this paper analyzes the effect … of collective wage contracts and of works councils on real wage growth. Using linked employer-employee data for western … Germany, we find that works councils affect wage growth only in combination with collective bargaining. Wage adjustments to …

workers' entry wages are of similar magnitude as those predicted under monopsonistic wage setting, suggesting that monopsony … power should not be neglected when analysing wage cyclicality …

collective agreements pay wages above the level stipulated in the agreement, which gives rise to a wage cushion between the … the wage cushion mainly varies with the profit situation of the plant and with indicators of labour shortage and the … business cycle. While plants bound by multi-employer sectoral agreements seem to pay wage premiums in order to overcome the …

Using a representative establishment dataset, this paper is the first to analyze the incidence of wage posting and wage … bargaining in the matching process from the employer's side. We show that both modes of wage determination coexist in the German … labor market, with about two-thirds of hirings being characterized by wage posting. Wage posting dominates in the public …

The effects of large minimum wage increases, like those planned in the UK and in some US states, are still unknown. We … reacts asymmetrically to positive and negative changes in minimum wages. The larger the increase in the minimum wage is, the … are more strongly affected by the current minimum wage and in those plants that have neither collective agreements nor a …

. However, an analysis of entry wages reveals that disadvantageous worker characteristics come along with higher wage penalties …

few females in their workforces. Our findings are in line with Beckerian taste-based employer wage discrimination that is …

In Germany, employers used to pay union members and non-members in a plant the same union wage in order to prevent … individual coverage (and thus the union wage) anymore. Econometric analyses with unconditional quantile regressions and firm …-fixed-effects estimations demonstrate that not being individually covered by a collective agreement has serious wage implications for most …