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Empirical labor economists have resorted to estimating the responsiveness of workers' wages on firms' ability to pay to assess the extent to which employers share rents with their employees. This paper compares this labor economics approach with two other approaches that rely on standard micro...
Persistent link: https://www.econbiz.de/10010532584
Empirical labor economists have resorted to estimating the responsiveness of workers' wages on firms' ability to pay to assess the extent to which employers share rents with their employees. This paper compares this labor economics approach with two other approaches that rely on standard micro...
Persistent link: https://www.econbiz.de/10011283105
heterogeneous effects. The impact of trade on wages varies across bargaining regimes. In firms with collective bargaining, the … elasticity of wages with respect to exports and offshoring is higher than in firms with no collective bargaining. Wage gains … associated with collective bargaining are similar across worker categories. Keywords: exports, offshoring, firm-level wages …
Persistent link: https://www.econbiz.de/10010488816
Researchers contributing to the empirical rent-sharing literature have typically resorted to estimating the responsiveness of workers' wages on firms' ability to pay in order to assess the extent to which employers share rents with their employees. This paper compares rent-sharing estimates...
Persistent link: https://www.econbiz.de/10011772944
Researchers contributing to the empirical rent-sharing literature have typically resorted to estimating the responsiveness of workers' wages on firms' ability to pay in order to assess the extent to which employers share rents with their employees. This paper compares rent-sharing estimates...
Persistent link: https://www.econbiz.de/10011763822
This study provides empirical evidence for the economic rationality of wage rigidities. Theoretically wage rigidities can result from contracts, implicit contracts, from efficiency wages and from insider-outsider behaviour. Based on a survey of 801 firms strong support has been found for...
Persistent link: https://www.econbiz.de/10001541220
This study provides empirical evidence for the economic rationality of wage rigidities. Theoretically wage rigidities can result from contracts, implicit contracts, from efficiency wages and from insider-outsider behaviour. Based on a survey of 801 firms strong support has been found for...
Persistent link: https://www.econbiz.de/10011445640
When employers face a trade-off between being large and paying low wages - and in this sense have monopsony power - some productive employers decide to acquire few customers, forgo sales, and remain small. These decisions have adverse consequences for aggregate labor productivity. Using...
Persistent link: https://www.econbiz.de/10014578387
manufacturing sectors to simultaneously estimate mark-up and workers' bargaining power parameters according to sector, firm size and … period. We find a significant drop in both the mark-up and the workers' bargaining power in the mid-nineties. In the second … significantly contributed to the decrease in both mark-ups and workers' bargaining power. -- workers' bargaining power ; mark …
Persistent link: https://www.econbiz.de/10003339773
Although coordination of wage bargaining probably affects entry barriers and competition in product markets, research …
Persistent link: https://www.econbiz.de/10008665180