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Labor Market Efficiency, Wages and Employment when Search Frictions Interact with Intrafirm Bargaining

Cahuc, Pierre; Wasmer, Etienne - 2001

large firms and diminishing marginal productivity of labor allows us to show that the two limit cases described above yield …

Persistent link: https://www.econbiz.de/10010262510

Labor Market Efficiency, Wages and Employment when Search Frictions Interact with Intrafirm Bargaining

Cahuc, Pierre; Wasmer, Etienne - Institute for the Study of Labor (IZA) - 2001

matching model with large firms and diminishing marginal productivity of labor allows us to show that the two limit cases …

Persistent link: https://www.econbiz.de/10005703320

Product Market Integration, Comparative Advantages and Labour Market Performance

Andersen, Torben M.; Skaksen, Jan Rose - 2003

shown that product market integration works like a general improvement in productivity via the specialization it allows …

Persistent link: https://www.econbiz.de/10010262101

Pay and Productivity in a Corporatist Economy: Evidence from Austria

Fuess, Jr. Scott M.; Millea, Meghan - 2001

Conventional theory predicts that productivity gains lead to hikes in real pay. Efficiency wage theory hypothesizes … that pay increases can lead to productivity improvements. But would such results be observed in a corporatist economy with … Geweke to disentangle the relationship between pay and productivity. There already has been empirical evidence that pay …

Persistent link: https://www.econbiz.de/10010262451

Product Market Integration, Wage Dispersion and Unemployment

2001

Even when international product market integration is taking place between fairly similar countries with low labour mobility, it may have important effects for labour markets by increasing the mobility of jobs. This creates both opportunities through exports and threats from imports. Is there...

Persistent link: https://www.econbiz.de/10010262484

Bargaining frictions and hours worked

Auray, Stéphane; Danthine, Samuel - 2005

A matching model with labor/leisure choice and bargaining frictions is used to explain (i) differences in GDP per hour 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...

Persistent link: https://www.econbiz.de/10010267457

Disentangling Pay and Productivity in a Corporatist Economy: The Case of Germany

Fuess, Jr. Scott M.; Millea, Meghan - 2002

Conventional theory predicts that productivity gains lead to pay hikes. Pay increases, however, can influence labor … productivity. But what about in a corporatist economy? Focusing on Germany, we use an innovative technique developed by Geweke to … disentangle the relationship between pay and productivity. …

Persistent link: https://www.econbiz.de/10010273751