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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/10010297735
auf. Denn Lohnverhandlungen ausschließlich auf der betrieblichen Ebene führen dort zu teilweise beachtlichen …
Persistent link: https://www.econbiz.de/10010297655
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/10010297890
This paper examines the relationship between institutions and the remuneration of different jobs by comparing the German and Belgian labour markets with respect to a typology of institutions (social representations, norms, conventions, legislation, and organisations). The observed institutional...
Persistent link: https://www.econbiz.de/10010280666
Die Lockerung des Kündigungsschutzes ist ein wesentliches Element der im Januar 2004 in Deutschland in Kraft gesetzten …
Persistent link: https://www.econbiz.de/10010261863
Swedish minimum wages are not regulated by law, but subject to bargaining between employers and trade unions and form part of collective agreements. This paper provides an overview of the Swedish minimum wage system, its characteristics and effects on employment and wages, and also discusses the...
Persistent link: https://www.econbiz.de/10010320277
Minimum wages in Sweden are collectively agreed and differ by industry. Within agreements, the rates are also highly differentiated. Minimum wages are higher in Sweden than in any of the countries with statutory rates considered in this study. This is line with the view that minimum wages are...
Persistent link: https://www.econbiz.de/10010320161
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
Germany has always been one of the prime examples of institutional complementarities between social insurance, a rather passive welfare state, strong employment protection and collective bargaining that stabilize diversified quality production. This institutional arrangement was criticized for...
Persistent link: https://www.econbiz.de/10010268995