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Wage Rigidity and Disinflation in Emerging Countries
Messina, Julian - 2011
, Brazil and Uruguay, relying on high quality matched employer-employee administrative data. Downward nominal wage rigidities … are more important in Uruguay, while wage indexation is dominant in Brazil. Two regime changes are observed during the … more pronounced; and (ii) in Brazil, the introduction of inflation targeting by the Central Bank in 1999 shifts the focal …
Persistent link: https://www.econbiz.de/10013123588
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What Do Unions Do in Times of Economic Crisis? Evidence from Central and Eastern Europe
Ivlevs, Artjoms - 2015
Over the last two decades, trade union membership in Central and Eastern Europe has been in continuous decline and there is a common perception that trade unions in the region are weak. However, little is known about the actual relevance of trade unions for individual workers in the...
Persistent link: https://www.econbiz.de/10013012800
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Unions and Collective Bargaining in the Wake of the Great Recession
Addison, John T.; Portugal, Pedro; Vilares, Hugo - 2015
This paper provides the first definitive estimates of union density in Portugal, 2010-2012, using a unique dataset. The determinants of union density at firm level are first modeled. Next, we draw upon a very recent study of the union wage premium to provide summary estimates of the union wage...
Persistent link: https://www.econbiz.de/10013024915
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The Use of Flexible Measures to Cope with Economic Crises in Germany and Brazil
Eichhorst, Werner - 2011
This study gives a comparative overview of labor market dynamics and institutional arrangements in Germany and Brazil … during the 2008-09 crisis in the German manufacturing sector, in Brazil such plant-level flexibility to avoid dismissals was …
Persistent link: https://www.econbiz.de/10013117848
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Real Wage Rigidities and the Cost of Disinflations
Ascari, Guido - 2009
This paper analyzes the cost of disinflations under real wage rigidities in a micro-founded New Keynesian model. The consensus is that real wage rigidities can be a useful mechanism to induce the inflation persistence that is absent in the standard Calvo model. Real wage rigidities thus generate...
Persistent link: https://www.econbiz.de/10012766891
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The Wage Impact of Trade Unionsin the UK Public and Private Sectors
Blanchflower, David G.; Bryson, Alex - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
This paper draws attention to an increase in the size of the union membership wage premiumin the UK public sector relative to the private sector. We find the public sector membershipwage premium is approximately double that in the private sector controlling for a full range ofindividual, job and...
Persistent link: https://www.econbiz.de/10005861852
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Sluggish Institutions in a Dynamic World:Can Unions and Industrial Competition Coexist?
Hirsch, Barry T. - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
During the 1930s and 1940s, collective bargaining emerged as the workplace governancenorm in much of the U.S. industrial sector. Following its peak in the 1950s, union density inthe U.S. private sector fell steadily, to only 7.4 percent in 2006. Governance shifted from aformalized union norm to...
Persistent link: https://www.econbiz.de/10005862581
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Unions, Dynamism, and Economic Performance
Hirsch, Barry T. - 2010
This paper explores the relationship between economic performance and US unionism, focusing first on what we do and do not know based on empirical research handicapped by limited data on establishment and firm level collective bargaining coverage. Evidence on the relationship of unions with...
Persistent link: https://www.econbiz.de/10013135314
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What Do Unions Do to Pension Performance?
Even, William E. - 2010
This study argues that the promotion of union goals could have positive, negative, or neutral effects on risk adjusted return performance. Moreover, the union's ability and incentive to use pension assets to promote union goals will vary with the design of the pension. Using panel data on over...
Persistent link: https://www.econbiz.de/10013136725
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Trade Union Membership and Dismissals
Goerke, Laszlo - 2010
In Germany, there is no trade union membership wage premium, while the membership fee amounts to 1% of the gross wage. Therefore, prima facie, there are strong incentives to free-ride on the benefits of trade unionism. We establish empirical evidence for a private gain from trade union...
Persistent link: https://www.econbiz.de/10013137250