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Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to signal directions for market adjustments to ensure growth. Wage growth is driven by relative scarcity, labor productivity and expectations about inflation and future growth....
Persistent link: https://www.econbiz.de/10012131008
councils may be construed as largely beneficial. However, any such optimistic evaluation is heavily qualified by union … organization and in particular workplace unionism. Establishment union density seemingly blunts the performance of employee …
Persistent link: https://www.econbiz.de/10011704352
The paper analyses the determinants and short-term effects of labour market reforms, using information from a novel policy compendium that covers 110 developed and developing economies between 2008 and 2014. We find that the approval of reforms is positively associated with the unemployment...
Persistent link: https://www.econbiz.de/10011522366
If individuals join a trade union their utility should increase. Therefore, union members can be expected to exhibit … sometimes indicates that union members have lower job satisfaction, but overall suggests the absence of a robust correlation …. This survey discusses empirically relevant determinants of the relationship between trade union membership and job …
Persistent link: https://www.econbiz.de/10012391457
If individuals join a trade union their utility should increase. Therefore, union members can be expected to exhibit … sometimes indicates that union members have lower job satisfaction, but overall suggests the absence of a robust correlation …. This survey discusses empirically relevant determinants of the relationship between trade union membership and job …
Persistent link: https://www.econbiz.de/10012389415
Persistent link: https://www.econbiz.de/10000626612
We present a simple framework for analyzing decline in union voice in the Anglo-American world and its replacement by … non-union, often direct, forms of worker voice. We argue that it is a decline in the in-flow to unionisation among … employers and workers, rather than an increase in the outflow rate, that accounts for this decline. We show how union decline is …
Persistent link: https://www.econbiz.de/10011776030
Job-satisfaction as a component of workers' utility has been strangely neglected, with work usually regarded as reducing utility and the benefits of leisure. This is contradicted by many empirical studies showing that unemployment is a major cause of unhappiness, even when income is controlled...
Persistent link: https://www.econbiz.de/10003115146
councils are associated with reduced strike activity. However, where union members make up a majority of works councillors …, such union-dominated councils experience greater strike activity than do their counterparts with minority union membership …, and also more strikes than establishments with union workplace representation where union members are in a minority …
Persistent link: https://www.econbiz.de/10012892227
Using the 2019 ECS, we investigate the relationship between union organization, workplace representation, industrial … union density is higher and where workers are covered by mixed-level collective agreements. Distrust and strained workplace …-win outcomes, where the default is unresolved outcomes. Higher union density is associated with worker wins, collective bargaining …
Persistent link: https://www.econbiz.de/10013174488