Showing 1 - 10 of 192
The starting point of the paper is that trade unions engage in substitution once certain targets have been met. This implies that a priority-based or hierarchical model might be a better approximation to union behaviour. This model requires a two-part union utility function which changes when a...
Persistent link: https://www.econbiz.de/10009401327
The main starting point of this paper is the idea that trade unions do not only care about real wage level but also about a reference or aspiration wage level. After citing a number of empirical works, the paper argues that the attainment of the reference wage is a priority for the union. This...
Persistent link: https://www.econbiz.de/10005665393
The Harris-Todaro hypothesis replaces the equality of wages by the equality of ‘expected’ wages as the basic … unemployment when a mechanism for the determination of urban wages is specified. This article reviews work in which the Harris …
Persistent link: https://www.econbiz.de/10005789436
wages. This wage premium has risen with the growing wage differentials associated with the emergence of a labour market and …
Persistent link: https://www.econbiz.de/10005616659
along with the US for the period 1980-2010. Apart from the contribution of productivity to wages, we take into account the … resulting from a wage bargaining model. We further study the downward rigidities of wages in depth. The findings show that in … steer wages, policy makers can effectively use the replacement rate. …
Persistent link: https://www.econbiz.de/10009151114
This paper studies the effects of immigration on the wages of Argentinean native workers over the period 1993-2012. I … wages. IV estimates suggest that OLS results are a lower bound for the (partial) causal effect. Thus, if confounding demand …
Persistent link: https://www.econbiz.de/10011258470
A comparison of the 2007-08 crisis with that of 1929 showed its extreme gravity, but it also may have implied that the old harmful mistakes would not be repeated. After four years, the crisis has not been solved and it even threatens to worsen. Neo-conservative Republicans claim that this is...
Persistent link: https://www.econbiz.de/10011260788
use of 1) the profitability of the private sector, 2) the decline in the wages and salaries of most workers, and 3) the …
Persistent link: https://www.econbiz.de/10011260917
In this paper we revisit the case for corporatist agreements in a model where labor markets are unionized, the government controls the fiscal stance, and an independent central bank sets monetary policy. We can then analyze the scope for a political exchange between public expenditure and wage...
Persistent link: https://www.econbiz.de/10005260052
The publications about the transition of French corporate governance are controversial fluctuating between proposing the integration of socioeconomic qualities, to the fragmentation of different and persistent systems by the interdependence of their attributes, or the predominance of the...
Persistent link: https://www.econbiz.de/10005835688