Showing 1 - 10 of 527
in wages are explained by movements in lagged levels of profitability and unemployment. The results appear to be …
Persistent link: https://www.econbiz.de/10012474741
probabilities, and strike durations for a large sample of collective bargaining agreements. Negotiated wages are found to depend … the model, however, there is no evidence of a systematic relation between wages and strike outcomes. Increases in …
Persistent link: https://www.econbiz.de/10012476517
literature for over thirty years. The wages and employment o typographers are examined to see whether they can be usefully … characterized as the outcome of a process by which the union maximizes an objective function containing wages and employment and is … wages and employment of these workers compared with our more general formulation …
Persistent link: https://www.econbiz.de/10012478563
effects of a centralized match on wages of medical residents. Bulow and Levin (forthcoming) propose a simple model of the NRMP … aggregate wages compared to any competitive outcome … robust to this feature of the NRMP, and competitive wages are once more an equilibrium outcome. Furthermore, a match with …
Persistent link: https://www.econbiz.de/10012466331
equilibrium solution to the model in which wages are not contingent on firm size but more productive employers always pay higher … wages. Although the state space, the distribution of workers over firms, is large in the general case, it reduces to a …
Persistent link: https://www.econbiz.de/10012461373
capital-labor ratio, and the financial liquidity of the firm. are important determinants of negotiated real wages …
Persistent link: https://www.econbiz.de/10012474957
This paper looks at models of unemployment which make two central assumptions. The first is that wages are bargained …
Persistent link: https://www.econbiz.de/10012475352
also decides, in each period, whether or not to strike for the duration of that period. We show that there exist subgame-perfect equilibria in which the union engages in several periods of strikes prior to reaching a final agreement, although both parties are completely rational and fully...
Persistent link: https://www.econbiz.de/10012475937
This paper examines the relationship between labor market imperfections and trade policies. The available evidence suggests that pervasive industry wage differentials of up to 20 percent remain even after controlling for differences in observed measures of workers' skill and the effects of...
Persistent link: https://www.econbiz.de/10012476321
alternatives -- intensive monitoring and/or efficiency wages. The payment of efficiency wages cannot be ruled out on a priori …
Persistent link: https://www.econbiz.de/10012477137