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Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to signal directions for market adjustments to ensure growth. Wage growth is driven by relative scarcity, labor productivity and expectations about inflation and future growth....
Persistent link: https://www.econbiz.de/10012131008
How much value does collective bargaining add to the working conditions already established in general labour law? In this paper we propose a methodology to address this question: we compare the specific contents of collective agreements (except minimum wages) to their equivalent norms set by...
Persistent link: https://www.econbiz.de/10012145464
This report consists of a comprehensive overview of labour market institutions in the small Pacific island countries in order to propose recommendations to improve the performance of their labour markets. We pay particular attention to three countries: Fiji, Palau and Papua New Guinea. We focus...
Persistent link: https://www.econbiz.de/10012115200
councils may be construed as largely beneficial. However, any such optimistic evaluation is heavily qualified by union … organization and in particular workplace unionism. Establishment union density seemingly blunts the performance of employee …
Persistent link: https://www.econbiz.de/10011704352
. These findings imply that union presence is not only able to compress wage inequality, but might reduce earnings inequality …
Persistent link: https://www.econbiz.de/10012176404
The paper analyses the determinants and short-term effects of labour market reforms, using information from a novel policy compendium that covers 110 developed and developing economies between 2008 and 2014. We find that the approval of reforms is positively associated with the unemployment...
Persistent link: https://www.econbiz.de/10011522366
This paper investigates the increase in wage inequality, the decline in collective bargaining, and the development of the gender wage gap in West Germany between 2001 and 2006. Based on detailed linked employer-employee data, we show that wage inequality is rising strongly – driven not only by...
Persistent link: https://www.econbiz.de/10003946241
This paper investigates the increase in wage inequality, the decline in collective bargaining, and the development of the gender wage gap in West Germany between 2001 and 2006. Based on detailed linked employer-employee data, we show that wage inequality is rising strongly – driven not only by...
Persistent link: https://www.econbiz.de/10003959934
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 power as measured by net union density (NUD) in a labor market segment … regressions, this is the first empirical paper which simultaneously analyzes these three dimensions of union influence on the …
Persistent link: https://www.econbiz.de/10012720802
Using linked employer-employee data from the German Structure of Earnings Survey 2001, this paper provides a comprehensive picture of the wage structure in three wage-setting regimes prevalent in the German system of industrial relations. We analyze wage distributions for various labor market...
Persistent link: https://www.econbiz.de/10013316979