Showing 1 - 10 of 244
We introduce collective bargaining in a static framework where the firm and its risk-neutral employees negotiate over wages in a non-binding contract setting. Our main result is the equivalence between the non-binding collective equilibrium wage-employment contract and the equilibrium contract...
Persistent link: https://www.econbiz.de/10013068560
This paper provides an economic foundation for non-binding mediation to stimulate first collective bargaining … agreements, as implemented in British Columbia since 1993. We show that the outcome of first-contract mediation is Pareto … profits under mediation coincide with the Owen values of the corresponding cooperative game with the coalitional structure …
Persistent link: https://www.econbiz.de/10013077302
This research introduces an agent-based simulation model representing the dynamic processes of cooperative R&D in the manufacturing sector of South Korea. Firms' behavior is defined according to empirical findings on the Korean Innovation Survey 2005 and captured in a multivariate probit...
Persistent link: https://www.econbiz.de/10013079152
It is analyzed the impacts of outsourcing cost and wage tax progression under labor market imperfections with Nash wage bargaining and flexible outsourcing. With sufficiently strong (weak) labor market imperfection, lower outsourcing cost has a wage-moderating (wage-increasing) effect so that...
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 dispersion. We use detailed panel data covering a period of decentralization in the Danish labor market. The decentralization process provides variation in the individual worker's...
Persistent link: https://www.econbiz.de/10013117610
This paper investigates the increase in wage inequality, the decline in collective bargaining, and the development of the gender wage gap in West Germany between 2001 and 2006. Based on detailed linked employer-employee data, we show that wage inequality is rising strongly ヨ driven not only by...
Persistent link: https://www.econbiz.de/10013069929
Income inequality has been lower in periods when trade unionism has been strong. Using observations on wages by occupation, by geography, and by gender in collective bargaining contracts from the 1940s to the 1970s, patterns in movements of wage differentials are revealed. As wages increased,...
Persistent link: https://www.econbiz.de/10012835874
We study both the various consequences and the incentives of outsourcing. We argue that the wage elasticity of labour demand is increasing as a function of the share of outsourcing, which is importantly a result consistent with existing empirical research. Furthermore, we show that a production...
Persistent link: https://www.econbiz.de/10012777445
five workers is a union member, and it is now moot whether this degree of penetration is consistent with a corporatist … model built on encompassing unions. The decline in union membership and density is attributable to external forces that have …
Persistent link: https://www.econbiz.de/10012780525
In this paper we present a search and matching model in which firms invest in sunk capital equipment. By comparing two wage setting scenarios, we show that a two-tier bargaining scheme, where a fraction of the salary is negotiated at firm level, raises the amount of investment per worker in the...
Persistent link: https://www.econbiz.de/10012906465