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of employment across countries and thus a change in the trade-off between wages and employment faced by wage setters …. While the effects of product market integration on the trade-off between wages and employment in general is ambiguous, it is … through trade. Unambiguously, real wages and employment and welfare improve upon reductions in trade frictions, and therefore …
Persistent link: https://www.econbiz.de/10005761745
. Wages, employment and welfare increase as a result of further product market integration. It is interesting to note that the …
Persistent link: https://www.econbiz.de/10005419476
the loses to the low paid. Product market integration may thus lead to a more inequal distribution of wages and employment …, even though there are aggregate gains in terms of higher real incomes and employment. …
Persistent link: https://www.econbiz.de/10005703064
formation and employment creation through many channels including product market rents and the possibility that jobs may be …
Persistent link: https://www.econbiz.de/10005662415
The paper examines the implications of an important aspect of the ongoing reorganization of work - the move from occupational specialization toward multi-tasking - for centralized wage bargaining. The analysis shows how, on account of this reorganization, centralized bargaining becomes...
Persistent link: https://www.econbiz.de/10005190724
This paper is the first to show theoretically and empirically how firms' production technology affects the choice of their preferred wage formation regime. Our theoretical framework predicts, first, that the larger the total factor productivity of a firm, the more likely it is to opt for...
Persistent link: https://www.econbiz.de/10010886974
In this paper we study how foreign ownership of Swedish companies affect employment and wage setting. To study the … market where trade unions and employers bargain over both wage and employment. Our hypothesis is that the bargaining power is … effect on employment, whereas the effect on wages is significantly positive. …
Persistent link: https://www.econbiz.de/10005424046
directions, i.e. a strengthening of the rights and protection of workers at the same time as the flexibilization of employment …
Persistent link: https://www.econbiz.de/10005227596
We evaluate the elasticity of firms' employment and real average labour compensation to totalfactor productivity (TFP …
Persistent link: https://www.econbiz.de/10010691837
Persistent link: https://www.econbiz.de/10004990390