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This paper offers a cartel explanation for the stability of German collective bargaining institutions.We show that a dense net of legal safeguards has been yarned around the wage setting cartel. These measures make deviation by cartel insiders less attractive and simultaneously erect entry...
Persistent link: https://www.econbiz.de/10014050195
We analyze the bargaining problem of an incumbent firm and a union when the wage contract becomes generally binding …
Persistent link: https://www.econbiz.de/10003968689
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
This study provides empirical evidence for the economic rationality of wage rigidities. Theoretically wage rigidities can result from contracts, implicit contracts, from efficiency wages and from insider-outsider behaviour. Based on a survey of 801 firms strong support has been found for...
Persistent link: https://www.econbiz.de/10001541220
This study examines the potential impact of works councils and unions on the deployment of fixed-term contracts and agency temps. We report inter al. that works councils are associated with a higher number of temporary agency workers when demand volatility is high while the opposite holds for...
Persistent link: https://www.econbiz.de/10011810125
The Greek industrial relations system for the past decades, mainly in the private sector, has been based on Law 1876 of 1990, which introduced free collective bargaining and independent dispute resolution. Due to the financial crisis, new legislation modified the existing legal framework and led...
Persistent link: https://www.econbiz.de/10009758222
comprehensive set of amenities codified in the text of these contracts. I then estimate the effects of increasing union bargaining … was enacted. I find that boosting union power causes an increase in both wages and CBA clauses without a subsequent …
Persistent link: https://www.econbiz.de/10014544947
Federal sector unionism is a paradox. Despite the outlawry of union-security provisions and strikes, sharp limits on … of card-check certification, federal employees join unions and pay dues. The union membership rate is lower than in state …
Persistent link: https://www.econbiz.de/10013015128
limits in the European Union system. Finally, it sketches a mapping of nascent initiatives of workers' organization, by …
Persistent link: https://www.econbiz.de/10012849692
. We begin with the simple model of the market for union services and analyze regulations that may increase or decrease … either the demand or supply for union representation. In this way we provide an economic basis for evaluating government … check procedures for selecting a union, which may influence the demand and supply for union services and accordingly union …
Persistent link: https://www.econbiz.de/10012751349