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A matching model with labor/leisure choice and bargaining frictions is used to explain (i) differences in GDP per hour …
Persistent link: https://www.econbiz.de/10013318320
Researchers contributing to the empirical rent-sharing literature have typically resorted to estimating the responsiveness of workers' wages on firms' ability to pay in order to assess the extent to which employers share rents with their employees. This paper compares rent-sharing estimates...
Persistent link: https://www.econbiz.de/10012942047
heterogeneous effects. The impact of trade on wages varies across bargaining regimes. In firms with collective bargaining, the … elasticity of wages with respect to exports and offshoring is higher than in firms with no collective bargaining. Wage gains … associated with collective bargaining are similar across worker categories …
Persistent link: https://www.econbiz.de/10013026411
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 …
Persistent link: https://www.econbiz.de/10013144931
This paper presents an alternative implementation of firm-level collective wage bargaining, where bargaining proceeds … equilibrium is equivalent to the efficient bargaining outcome. In a dynamic framework with search frictions, we demonstrate that … gradual collective wage bargaining coincides with all-or-nothing bargaining when bargaining takes place in fictitious time …
Persistent link: https://www.econbiz.de/10012999534
utility. We show for a wage bargaining model that a stronger earningsrelationship of unemployment benefits may reduce wages …
Persistent link: https://www.econbiz.de/10005862298
bargaining and flexible outsourcing. With sufficiently strong (weak) labor market imperfection, lower outsourcing cost has a wage …
Persistent link: https://www.econbiz.de/10013139708
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 …
Persistent link: https://www.econbiz.de/10013117610
We introduce collective bargaining in a static framework where the firm and its risk-neutral employees negotiate over … wage-employment contract and the equilibrium contract under binding risk-neutral efficient bargaining. We also demonstrate …
Persistent link: https://www.econbiz.de/10013068560
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 …
Persistent link: https://www.econbiz.de/10013069929