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The labor wage is the result of market variables and institutional settings of a country. In an open economy the determination of the market wage rate may be further affected by the extent of international mobility of both factors of production, labor and capital. Labor mobility is represented...
Persistent link: https://www.econbiz.de/10013106736
The labor wage is the result of market variables and institutional settings of a country. In an open economy the determination of the market wage rate may be further affected by the extent of international mobility of both factors of production, labor and capital. Labor mobility is represented...
Persistent link: https://www.econbiz.de/10011731619
Can Germany in the 1990s provide a contemporary example of the "uneasy triangle" posited by The Economist in the early 1950s? As the millennium approached, Germany's inflation rate was very low; its unemployment rate unacceptably high; and its system of collective bargaining arguably the...
Persistent link: https://www.econbiz.de/10014030248
Work of low-skilled migrant workers from developing countries in developed economies is a growing phenomenon and a key political and economic issue. An extensive literature has found (for the most part) that these workers come from the lower part of the skill distribution. This paper revisits...
Persistent link: https://www.econbiz.de/10010261853
Work of low-skilled migrant workers from developing countries in developed economies is a growing phenomenon and a key political and economic issue. An extensive literature has found (for the most part) that these workers come from the lower part of the skill distribution. This paper revisits...
Persistent link: https://www.econbiz.de/10013319378
I examine evidence on private sector union wage gaps in the U.S. The consensus opinion among labor economists of an average union premium of roughly 15 percent is called into question. Two forms of measurement error create a downward bias in standard wage gap estimates. Match bias results from...
Persistent link: https://www.econbiz.de/10010261534
This paper is composed of two parts. First, using international data, I corroborate that union density in the U.S. declined because of asymmetric growth between the union and nonunion sectors. I show union density to increase in countries experiencing strong manufacturing growth, and to decline...
Persistent link: https://www.econbiz.de/10010261610
Using a German employer-employee matched panel data set this paper examines the effects of High Performance Workplace Systems (HPWSs) on labor productivity (defined as sales per worker) and labor efficiency (defined as the inverse of unit labor costs). The estimation results indicate that simple...
Persistent link: https://www.econbiz.de/10010262099
We present the first panel estimates of the productivity effects of the unique German institution of parity, board-level co-determination. Although our data span two severe recessions when labour hoarding costs of co-determination are probably highest, and the panel is too short to capture the...
Persistent link: https://www.econbiz.de/10010262174
About 30% of workers in the CPS have earnings imputed. Wage gap estimates are biased toward zero when the attribute being studied (e.g., union status) is not a criterion used to match donors to nonrespondents. An expression for ?match bias? is derived in which attenuation equals the sum of match...
Persistent link: https://www.econbiz.de/10010262754