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The Myth of Equality in the Employment Relation
Bagchi, Aditi - 2010
Although it is widely understood that employers and employees are not equally situated, we fail adequately to account for this inequality in the law governing their relationship. We can best understand this inequality in terms of status, which encompasses one's level of income, leisure and...
Persistent link: https://www.econbiz.de/10014209967
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Voice at work
Harju, Jarkko; Jäger, Simon; Schoefer, Benjamin - 2021
We estimate the effects of worker voice on job quality and separations. We leverage the 1991 introduction of worker representation on boards of Finnish firms with at least 150 employees. In contrast to exit-voice theory, our difference-in-differences design reveals no effects on voluntary job...
Persistent link: https://www.econbiz.de/10012486389
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Labour Market Deregulation and the Decline of Labour Power in North America and Western Europe
Peters, John - 2010
The goal of this article is to provide a critical evaluation of what has happened to organized labour and labour markets since 1980. It examines the impacts of labour market deregulation on wage share and pay standardization. It also explores how recent economic changes have weakened organized...
Persistent link: https://www.econbiz.de/10014195612
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Can Policy Interact with Culture? Minimum Wage and the Quality of Labor Relations
Aghion, Philippe; Algan, Yann; Cahuc, Pierre - 2021
Can public policy interfere with culture, such as beliefs and norms of cooperation? We investigate his question by evaluating the interactions between the State and the Civil Society, focusing on the labor market. International data shows a negative correlation between union density and the...
Persistent link: https://www.econbiz.de/10013324990
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Voice at Work
Harju, Jarkko; Jäger, Simon; Schoefer, Benjamin - 2021
We estimate the effects of worker voice on job quality and separations. We leverage the 1991 introduction of worker representation on boards of Finnish firms with at least 150 employees. In contrast to exit-voice theory, our difference-in-differences design reveals no effects on voluntary job...
Persistent link: https://www.econbiz.de/10013239560
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Labour Markets, Firms and Institutions : Labour Economics and Industrial Relations
Gahan, Peter G. - 2012
The study of the employment relation has always held a somewhat ambiguous position within the field of economics. The nature of labour market adjustment processes and unique aspects of the employment relation have posed problems for standard economic theories and have limited the use of formal...
Persistent link: https://www.econbiz.de/10013097918
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The Business Cycle Implications of Reciprocity in Labor Relations
Danthine, Jean-Pierre - 2009
We develop a reciprocity-based model of wage determination and incorporate it into a modern dynamic general equilibrium … a negligible role in wage setting. These results are broadly consistent with micro-studies on reciprocity in labor … postulating nominal wage contracts. In particular, the reciprocity model is more successful in generating the sharp and …
Persistent link: https://www.econbiz.de/10012721014
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Collective bargaining systems and macroeconomic and microeconomic flexibility : the quest for appropriate institutional forms in advanced economies
Addison, John T. - 2015
This paper addresses the design of the machinery of collective bargaining from the perspective of the needs of microeconomic and macroeconomic flexibility. In the former context, greater attention is given over to enterprise flexibility than external adjustment. In the latter context, close...
Persistent link: https://www.econbiz.de/10011408196
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The Quality of Industrial Relations and Labour Market Performance
Feldmann, Horst - 2007
Using data from 19 industrial countries for the period 1985-2002, this paper analyses whether the quality of industrial relations affects unemployment and employment rates. To measure the quality of industrial relations, we use the results of surveys in which senior business executives...
Persistent link: https://www.econbiz.de/10014055969
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Why wages don't fall in jobs with incomplete contracts
Fongoni, Marco; Schaefer, Daniel; Singleton, Carl - 2024
We investigate how the incompleteness of an employment contract - discretionary and non-contractible effort - can affect an employer's decision about cutting nominal wages. Using matched employer-employee payroll data from Great Britain, linked to a survey of managers, we find support for the...
Persistent link: https://www.econbiz.de/10014557595