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The paper analyzes wages in the U.S. airline industry, focusing on the role of collective bargaining in a changing product market environment. Airline unions have considerable strike threat power, but are constrained by the financial health of carriers. Since airline deregulation, compensation...
Persistent link: https://www.econbiz.de/10013317367
coverage. Evidence on the relationship of unions with wages, productivity, profitability, investment, debt, employment growth …
Persistent link: https://www.econbiz.de/10013135314
model that aggregate increases in wages and employment may conceal important differences across sectors/groups driven by a …
Persistent link: https://www.econbiz.de/10013317238
This paper examines an economic union where oligopolistic firms produce by skilled and unskilled labor and do in-house Ramp;D by skilled labor. The planner of the union accepts new members to the union, regulates the labor market through a minimum wage for unskilled labor and supports firms by...
Persistent link: https://www.econbiz.de/10012764074
In this paper, I study the political rationale for labor market regulation. Oligopolists employ raw labor and human capital (i.e. key workers) for production and R&D. There are many jurisdictions, in each of which a self-interested policy maker can regulate/deregulate the local labor market. I...
Persistent link: https://www.econbiz.de/10013054585
Comparing aggregate statistics and surveying selected empirical studies, this paper shows that the characteristics and results of labour markets in eastern and western Germany have become quite similar in some respects but still differ markedly in others even 25 years after unification. Whereas...
Persistent link: https://www.econbiz.de/10013025303
Evidence during the nineties about the response of real wages to shocks highlights that this response is substantially lower in European countries than in the United States and that there are important differences among European countries. Which are the reasons that explain these different...
Persistent link: https://www.econbiz.de/10012777602
and GDP per capita, (ii) differences in employment, (iii) differences in the proportion of part-time work across countries …. The model predicts that the higher the level of rigidity in wages and hours the lower are GDP per capita, employment, part … with less rigidity and a lower level of taxation. This is due mostly to a lower level of employment. In contrast, a country …
Persistent link: https://www.econbiz.de/10013318320
Can public policy interfere with culture, such as beliefs and norms of cooperation? We investigate his question by evaluating the interactions between the State and the Civil Society, focusing on the labor market. International data shows a negative correlation between union density and the...
Persistent link: https://www.econbiz.de/10013324990
This paper studies the link between a firm's education level, export performance and wages of its workers. We argue that firms may escape intense competition in international markets by using high skilled workers to differentiate their products. This story is consistent with our empirical...
Persistent link: https://www.econbiz.de/10013317351