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We analyze the effect of CEO pay disclosure on wage distribution by exploiting a 1998 reform requiring Italian publicly listed companies to disclose top executives' compensation. In firms where CEOs disclose high total compensation, the top 5 percent and 1 percent of the within-firm wage...
Persistent link: https://www.econbiz.de/10015050833
Consistent with Convention 87 of the International Labour Organization (ILO), Section 79 of the Labour Act, 2003 (Act 651) empowers every employee in an organization to either form or join a trade union of their choice for the promotion and protection of their economic and social interests. In...
Persistent link: https://www.econbiz.de/10014503137
Two-tier bargaining structures, in which plant-level wage negotiations supplement industry-level wage setting, are present in a number of EU countries, as unions resist pressures for greater decentralization in wage determination. In principle, these two-tier structures could reconcile...
Persistent link: https://www.econbiz.de/10010387711
This paper studies the considerably higher level of wage inequality in the United States than in nine other OECD countries. We find that the greater overall U.S. wage dispersion primarily reflects substantially more compression at the bottom of the wage distribution in the other countries. While...
Persistent link: https://www.econbiz.de/10014116631
The resurgence of strikes in the non-union fast food and retail sectors has created unprecedented momentum for increases in state, local, and company-specific minimum wages. The once fantastical demand for a $15 an hour wage floor has been legislated into life in two states, four major cities,...
Persistent link: https://www.econbiz.de/10012969391
In this paper, we estimate the returns on schooling for young men and women in Turkey using the exogenous and substantial variation in schooling across birth-cohorts brought about by the 1997 reform of compulsory schooling. We estimate that among 18- to 26-year-olds, the return from an extra...
Persistent link: https://www.econbiz.de/10011309044
This study analyzes the mobility between three labor market states: working in low paid jobs, working in higher paid jobs and not working. Using German panel data I estimate dynamic multinomial logit panel data models with random effects taking the initial conditions problem and potential...
Persistent link: https://www.econbiz.de/10013317300
Using nationally representative workplace data for Britain we identify the partial correlation between workplace wages and the percentage of migrants employed at a workplace. We find wages are lower in workplaces employing a higher percentage of migrants, but only when those migrants are non-EEA...
Persistent link: https://www.econbiz.de/10011612948
This paper reviews the development of labour market institutions in Norway, shows how labour market regulation has been …
Persistent link: https://www.econbiz.de/10011653824
This paper investigates the interaction between establishment-level codetermination and industry-level collective bargaining in Germany. Based on a simple bargaining model we derive our main hypothesis: In establishments covered by collective bargaining agreements works councils are more likely...
Persistent link: https://www.econbiz.de/10011402748