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In order to reduce unemployment, it is often recommended that industry-level wage bargaining in Germany should be replaced by a more decentralized system. This paper provides a critical assessment of the current wage bargaining institutions and reexamines the case for a more decentralized...
Persistent link: https://www.econbiz.de/10011442920
Persistent link: https://www.econbiz.de/10001425477
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
In order to reduce unemployment, it is often recommended that industry-level wage bargaining in Germany should be replaced by a more decentralized system. This paper provides a critical assessment of the current wage bargaining institutions and reexamines the case for a more decentralized...
Persistent link: https://www.econbiz.de/10013428257
In order to reduce unemployment, it is often recommended that industry-level wage bargaining in Germany should be replaced by a more decentralized system. This paper provides a critical assessment of the current wage bargaining institutions and reexamines the case for a more decentralized...
Persistent link: https://www.econbiz.de/10010297632
In order to reduce unemployment, it is often recommended that industry-levelwage bargaining in Germany should be replaced by a more decentralized system.This paper provides a critical assessment of the current wage bargaininginstitutions and reexamines the case for a more decentralized system....
Persistent link: https://www.econbiz.de/10014031235
based on the effects of labour union contracts and efficiency wages that differ between skill groups. Survey respondents … indicate that labour union contracts and implicit contracts are important reasons for wage rigidity for the (less) skilled …. Compared with US evidence, German firms seem to attach more importance to labour union contracts and specific human capital …
Persistent link: https://www.econbiz.de/10003292058
methods, for example, and find strong support for explanations based on labor union contracts and implicit wages for Germany …. Furthermore, survey respondents indicated that labor union contracts and implicit contracts are important reasons for wage … skilled. In contrast to the US experience for German firms insider-outsider behavior, labor union contracts and specific human …
Persistent link: https://www.econbiz.de/10014075567
Persistent link: https://www.econbiz.de/10013428502