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explained by private firms being more profit oriented than public ones. However, the result is consistent with privatisation …
Persistent link: https://www.econbiz.de/10013144082
on the fraction of capital costs that are deducted from the quasi-rent that determines negotiated wages. We implement the … detailed financial information for employers. We find strong evidence of rent-sharing, with an elasticity of wages with respect …
Persistent link: https://www.econbiz.de/10013118528
In this paper we analyse how labour market institutions and technology affect wagedetermination through rent sharing. To this aim we first extend the theoretical frameworkof Estevao and Tevlin (2003) to account for heterogeneity of labour (regular and non-regularworkers). The predictions of the...
Persistent link: https://www.econbiz.de/10012836559
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
to substantial differences in labor-market equilibrium between bargained and posted wages. The fraction of workers hired …
Persistent link: https://www.econbiz.de/10013324896
. The value of this state is therefore a fundamental determinant of wages and, in turn, labor supply and job creation. We … measure the effect of changes in the value of nonemployment on wages in existing jobs and among job switchers. Our quasi … document that wages are insensitive to UI benefit levels: point estimates imply a wage response of less than $0.01 per $1.00 UI …
Persistent link: https://www.econbiz.de/10012906478
The paper analyzes wages in the U.S. airline industry, focusing on the role of collective bargaining in a changing …, wages are likely to head upward as carriers' financial health returns. Such wage levels may or may not be sustainable in the …
Persistent link: https://www.econbiz.de/10013317367
We investigate how workers' performance is affected by the timing of wages in a real-effort experiment. In all … wages by small amounts raises performance by about 15% relative to a constant wage. The effort reactions can be organized by … a model in which agents reciprocally respond to wage impulses, comparing wages to an adaptive reference standard …
Persistent link: https://www.econbiz.de/10012995580
which wages are not contingent on firm size but more productive employers always pay higher wages. Although the state space …
Persistent link: https://www.econbiz.de/10013121547
Through panel estimates using OECD country-industry statistics, this paper aims to clarify the determinants of rent creation and the mechanisms of rent sharing, and the role of market regulations in these processes. The empirical analysis is carried out in two steps. The first explains the rent...
Persistent link: https://www.econbiz.de/10013107730