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This paper studies the impact of downward wage rigidity on wage and employment dynamics after the outbreak of major recessions in Spain. Downward wage rigidity stems from collective agreements, which set province-sector-skill specific minimum wage floors for all workers. By exploiting variation...
Persistent link: https://www.econbiz.de/10014566234
between and within skill categories, as well as an increase in unemployment, especially among low-skill workers. Movements in … productivity, unemployment and inequality may thus be linked to induced overeducation and credentialism. …
Persistent link: https://www.econbiz.de/10011527123
regulatory conditions on immigrant-native gaps across four outcomes; unemployment, monthly earnings, underemployment, and … unemployment and underemployment. A higher union density appears to suppress wage differences across some immigrant groups, rather …
Persistent link: https://www.econbiz.de/10010439678
The paper examines the implications of an important aspect of the ongoing reorganization of work – the move from occupational specialization towards multi-tasking – for centralized wage bargaining. The analysis shows how, on account of this reorganization, centralized bargaining becomes...
Persistent link: https://www.econbiz.de/10005662207
in more detail labour flexibility, namely labour market flows, long-term unemployment and labour force deprivation. The … third part addresses wage flexibility and relative wages, with special attention paid to regional unemployment elasticity of … labour mobility, labour deprivation due to long-term unemployment, skill mismatch and emerging signs of inflexibility in wage …
Persistent link: https://www.econbiz.de/10005094095
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If a profit-maximising firm credibly commits to an employment-enhancing Corporate Social Responsibility (CSR) objective in negotiations with a trade union, the union can reduce its wage demands. Lower wages, ceteris paribus, raise profits, while the increase in employment enhances the payoff of...
Persistent link: https://www.econbiz.de/10014505808
Persistent link: https://www.econbiz.de/10001302736
Using microdata from 1985 to 1994 for fifteen OECD countries, I find that greater union coverage and membership lead to higher relative pay and lower relative employment for less-skilled men, with similar pay effects but only weak evidence of negative employment effects for less skilled women....
Persistent link: https://www.econbiz.de/10014159954
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