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Till the early-1990s the collectively-bargained labor contract (between the trade-union that presented the employees, and the employer or the employers'-association) was the norm, granting salaried workers a stable and protected labor contract. Thereafter, and more significantly after 1995, the...
Persistent link: https://www.econbiz.de/10010463410
Till the early-1990s the collectively-bargained labor contract (between the trade-union that presented the employees, and the employer or the employers'-association) was the norm, granting salaried workers a stable and protected labor contract. Thereafter, and more significantly after 1995, the...
Persistent link: https://www.econbiz.de/10010440266
Persistent link: https://www.econbiz.de/10010385372
Naidu and Yuchtman (2013) find that labor demand shocks in 19th-century Britain had an impact on master and servant prosecutions, as breaking an employee contract was a criminal offense until 1875. We first reproduce all regression tables in Naidu and Yuchtman (2013) and then test for robustness...
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wages are determined by continuous bargaining between the firm and its employees. The model generates a non …
Persistent link: https://www.econbiz.de/10011674212
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In this paper, we outline a baseline DSGE model which enables a straightforward analysis of wage bargaining between …, and the consequences for welfare outcomes. Specifically, we focus on the relative bargaining power of unions. We find that … bargaining power, but that this effect can be neutralized by optimal discretionary policy. …
Persistent link: https://www.econbiz.de/10010320782