Showing 1 - 5 of 5
Workers face declining pay-offs during a strike. The consequence of this is explored in a non-cooperative sequential bargainingsubgame perfect equilibrium wage is a weighted average of the standard bargaining solution game of alternating offers. It turns out that the in the literature and the...
Persistent link: https://www.econbiz.de/10010538121
The paper examines the role of collective bargaining systems as a determinant of the inter-industry wage structure. It compares wage patterns of six countries: Austria, Canada, Germany, Norway, Sweden and the U.S.. We use comparable wage regressions from micro cross-sections data to calculate...
Persistent link: https://www.econbiz.de/10010538129
The paper studies the relationship between wage dispersion and centralization. We distinguish between two sources of wage differentials: Heterogenous -workers with different skills and firms with varying levels of economic rent per employee. The corresponding dimensions of centralization, i.e....
Persistent link: https://www.econbiz.de/10010538139
The paper compares the industry wage structures of Austria, Norway, the union sector of the U.S. as well as the non-union sector of the U.S. We make comparable regressions for each country, and are thus able to compare the sectoral earnings patterns controlling for the usual individual...
Persistent link: https://www.econbiz.de/10010538157
The paper tests implications of efficiency wage theories, agency theories and union bargaining theory on Norwegian micro data. Firm specific means of individual characteristics as well as other firm characteristics are utilized to study the nature of high paying firms vs. lower paying firms. The...
Persistent link: https://www.econbiz.de/10010538249