Showing 1 - 10 of 211
partial ownership by the union. We demonstrate that ESOPs create incentives for unions to become weaker bargainers. As a … improved bargaining efficiency, we find that the announcement of a union ESOP leads to a 50 percent larger stock market …
Persistent link: https://www.econbiz.de/10010283538
Collective bargaining over labour conditions between unions and employers is a key labour market institution in democratic societies, guaranteed by international and national law. Its coverage, organization and impact have varied over time and across countries. Inclusive bargaining, conducted by...
Persistent link: https://www.econbiz.de/10011606591
This paper provides a comprehensive portrait of the level and compliance with sectoral minimum wages in Italy between 2008 and 2015. The results show that wage floors in Italy are relatively high both in absolute terms and relative to the median wage. However, non-compliance rates are not...
Persistent link: https://www.econbiz.de/10011986210
This paper addresses the design of the machinery of collective bargaining from the perspective of microeconomic and macroeconomic flexibility. In the former context, somewhat greater attention is given over to enterprise flexibility than external adjustment. In the latter context, close...
Persistent link: https://www.econbiz.de/10011986216
In this paper, we explore the relationship between non-compliance with bargained minimum wages and employment. We illustrate the role of labour courts with respect to the Constitutional provision of "fair" wage and sketch a model in which firms choose their desired levels of employment and...
Persistent link: https://www.econbiz.de/10012294327
Measuring the effects minimum wages have on wage inequality and employment is complex, and troubled by endogeneity issues. We use a large longitudinal dataset and sectoral minimum wage variation to analyse trends in minimum wages and wage inequality in Belgium. Building on the model of Lee...
Persistent link: https://www.econbiz.de/10012606461
Recently, Finnish forest industries shifted from sectoral collective bargaining to firm-level bargaining, and the IT services industry shifted to a hybrid of sector- and firm-level bargaining. Using administrative data on monthly wages and the synthetic difference-in-differences method, I study...
Persistent link: https://www.econbiz.de/10014329406
Do labour institutions influence how wages respond to the business cycle? Such responsiveness can then shape several economic outcomes, including unemployment. In this paper, we examine the role of two key labour market institutions - collective bargaining and temporary contracts - upon wage...
Persistent link: https://www.econbiz.de/10014632139
European countries, with a special attention to the new European Union member countries. This may allow us to analyse effects …
Persistent link: https://www.econbiz.de/10010276606
How will the commitment to price stability affect labour market rigidities in the European Monetary Union? I explore a …
Persistent link: https://www.econbiz.de/10010284237