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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
appreciation of the East German currency. Premature implementation of the West German system of wage bargaining resulted in … inappropriate minimum wage schedules. Both measures made East German production possibilities and employment decline. …
Persistent link: https://www.econbiz.de/10011473914
We examine the interplay between changes in the functional distribution of income and the distribution of market income among households. We use micro data from the German Socio-Economic Panel as well as macro data from the German Federal Statistical Office from 2002 to 2008. We categorize and...
Persistent link: https://www.econbiz.de/10010308950
We examine the interplay between changes in the functional distribution of income and the distribution of market income among households. We use micro data from the German Socio-Economic Panel as well as macro data from the German Federal Statistical Office from 2002 to 2008. We categorize and...
Persistent link: https://www.econbiz.de/10009751309
Empirical research based on the Bhaduri/Marglin-variant of the Kaleckian model has recently shown that aggregate demand in many medium-sized and large open economies tends to be wage-led in the medium to long run, even in a period of increasing globalisation. In this paper we extend this type of...
Persistent link: https://www.econbiz.de/10003772369
We analyse the effects of interest rate variations on the rates of capacity utilisation, capital accumulation and profit in a simple post-Kaleckian distribution and growth model. This model gives rise to different potential accumulation regimes depending on the values of the parameters in the...
Persistent link: https://www.econbiz.de/10009549819
Der Beitrag untersucht den Einfluss von Flächentarifverträgen und individuellen Lohnvereinbarungen auf das geschlechtsspezifische Lohndifferenzial und seine Veränderung im Zeitablauf auf Basis der Gehalts- und Lohnstrukturerhebung – ab 2006: Verdienststrukturerhebung – für Niedersachsen....
Persistent link: https://www.econbiz.de/10003898924
We analyze the bargaining problem of an incumbent firm and a union when the wage contract becomes generally binding … wages ; postal services ; collective bargaining ; raising rivals' costs …
Persistent link: https://www.econbiz.de/10003968689
Dramatisch schwindende Mitgliederzahlen und eine stetig fortschreitende Auflösung der Tarifbindung sind ein nicht mehr zu übersehendes Anzeichen für einen tiefgreifenden Wandel am Arbeitsmarkt, auf den die Gewerkschaften bislang entweder ratlos oder gar nicht reagieren. In ihrer Verzweiflung...
Persistent link: https://www.econbiz.de/10003874799
This paper investigates the increase in wage inequality, the decline in collective bargaining, and the development of … by real wage losses below the median. Coverage by collective wage bargaining plummets by 16.5 (19.1) percentage points … shows that all workplace related effects (firm effects and bargaining effects) and coefficients for personal characteristics …
Persistent link: https://www.econbiz.de/10003946241