We argue that in labor markets with central wage bargaining wage flexibility varies systematically across the wage distribution: local wage flexibility is more relevant for the upper part of the wage distribution, and flexibility of wages negotiated under central wage bargaining affects the...

At the turn of the millennium three frequently cited potential causes of new challenges for wage policy in Germany are revisited in this study: skilled- biased technological progress, the increasing international integration of labor and product markets, and the monetary integration of the EMU....

Spatial Monopsony -- Simple Static Monopsony -- Short-Run Spatial Monopsony -- Long-Run Spatial Monopsony -- Spatial Monopsony and the Gender Pay Gap -- Spatial Monopsony and Regional Differences in the Gender Pay Gap -- Dynamic Monopsony -- Simple Dynamic Monopsony -- A General Equilibrium...

1. Introduction,- 2. Theories of Discrimination -- 3. The Development of the Printing Industry: Workers' and Employers' Organisation -- 4. Missed Opportunities: The Failure of Union Solidarity in the Struggle for Control of the Labour Process -- 5. Gender or Skill: The Continuation of Segregated...

This book presents an integrated overview and evidence, taking Japan as an example, on how international trade, especially with developing countries, affects labor market in developed countries, which has been keenly debated among international and labor economists since the late 1980s. The...

This Palgrave Pivot features original research studies of wage inequality in African countries including South Africa, Nigeria, Tanzania, and Uganda. The contributors examine gender and racial wage differentials, as well as the effects of urbanization and globalization on inequality in wages and...

This study tests for financial constraints on R&D investment and how they differ from capital investment. To identify constraints in the access to external capital, we employ a credit rating index. Our models show that internal constraints, measured by mark-ups, are more decisive for R&D than...

Collective bargaining in Germany takes place either at the industry level or at the firm level; collective bargaining coverage is much higher than union density; and not all employees in a covered firm are necessarily covered. This institutional setup suggests to explicitly distinguish union...

This paper investigates how competition and firm size affect the relationship between market uncertainty and R&D investment. We use an intuitively appealing measure of firm-specific uncertainty along with panel data to show that firms invest less in current R&D as uncertainty about market...

In der Diskussion um Innovationen für eine nachhaltige Entwicklung werden häufig radikale Innovationen gefordert, damit die Transformation der Gesellschaft hin zu einem als nachhaltig empfundenen System gelingen kann. Begründet wird dies mit einer höheren Umwelteffizienz dieser Innovationen....