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Firm Heterogeneity and Wages Under Different Bargaining Regimes: Does a Centralised Union Care for Low-productivity Firms?
Gürtzgen, Nicole - 2009
This paper studies the relationship between wages and the degree of firm heterogeneity in a given industry under different wage setting structures. To derive testable hypotheses, we set up a theoretical model that analyses the sensitivity of wages to the variability in productivity conditions in...
Persistent link: https://www.econbiz.de/10010298712
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Lohnpolitik im Spannungsfeld außenwirtschaftlicher Ungleichgewichte und volatiler Konjunktur
Lesch, Hagen - In: IW-Trends - Vierteljahresschrift zur empirischen … 39 (2012) 1, pp. 55-69
Seit Mitte der 1990er Jahre verfolgen die Tarifparteien in Deutschland überwiegend eine moderate Lohnpolitik. Diese hat … die Lohnpolitik im Zusammenspiel mit den Arbeitsmarktreformen der Jahre 2003 bis 2005 den Beschäftigungsaufbau der letzten … Produktivitätszuwachs aus. Eine expansive Lohnpolitik zum Abbau außenwirtschaftlicher Ungleichgewichte würde die Investitionsbereitschaft …
Persistent link: https://www.econbiz.de/10011633308
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The effects of collective bargaining on firm performance: New evidence based on stochastic production frontiers and multiply imputed German establishment data
Jensen, Uwe; Rässler, Susanne - 2007
This paper makes three contributions to the literature on the effects of collective bargaining on the performance of German establishments. We include the analysis of firms' efficiency and we model productivity and efficiency simultaneously. Confronted with 25 % observations with missing values,...
Persistent link: https://www.econbiz.de/10010264653
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Rent-sharing, hold-up, and wages: Evidence from matched panel data
Card, David; Devicienti, Francesco; Maida, Agata - 2011
It is widely believed that rent-sharing reduces the incentives for investment when long term contracts are infeasible because some of the returns to sunk capital are captured by workers. We propose a simple test for the degree of hold-up based on the fraction of capital costs that are deducted...
Persistent link: https://www.econbiz.de/10010282490
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The micro-level dynamics of declining labour share: Lessons from the Finnish great leap
Kyyrä, Tomi; Maliranta, Mika - 2006
In contrast with the experiences of the UK and the US, the distribution of labour and capital income has changed sharply in favour of capital in most Continental European and Nordic countries during the past two decades. We examine forces behind the evolution of the aggregate labour share by...
Persistent link: https://www.econbiz.de/10010285250
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Euroland: New conditions for economic policy
Döpke, Jörg; Gern, Klaus-Jürgen; Gottschalk, Jan; … - 1998
The cyclical situation at the beginning of the European Monetary Union (EMU) is favorable: The upswing in Euroland has firmed, unemployment is going down, and inflation is low. However, economic growth outside the new currency area has weakened significantly during 1998, and fears are mounting...
Persistent link: https://www.econbiz.de/10010295088
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Market constellations and macroeconomic policy-making: institutional impacts on economic performance
Heise, Arne - 2005
Post Keynesian theory as opposed to Walrasian theory does not provide the foundations for a unique general equilibrium but claims the existence of multiple equilibrium positions. In this article, such a multiple of equilibrium positions is explained by different market constellations which are...
Persistent link: https://www.econbiz.de/10010298499
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Industrierenten und Lohnsetzungsverhalten: gibt es Indizien für die Insider-Outsider Hypothese?
Möller, Joachim - In: Zeitschrift für ArbeitsmarktForschung - Journal for … 38 (2005) 2/3, pp. 147-164
The insider-outsider theory is one of the approaches with which the persistence of unemployment can be accounted for. The central hypothesis says that the insiders, in other words the 'job holders', drive the wage level above the market-clearing level, thus creating a barrier that prevents new...
Persistent link: https://www.econbiz.de/10011650586
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Market constellations and macroeconomic policymaking: Institutional impacts on economic performance
Heise, Arne - In: Intereconomics 41 (2006) 5, pp. 272-281
Persistent link: https://www.econbiz.de/10010272107