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We present a formal model of the effect of heightened product market competition induced by trade liberalization on the distribution of income between profits and wages. Integration increases the employment cost of wage demands, thereby decreasing bargained wages and the share of rents accruing...
Persistent link: https://www.econbiz.de/10014055416
Jurisdictional competition can encourage government efficiency but may also lead to collective action problems (e.g., bidding wars) that increase taxpayer costs. The net effect is particularly consequential for the cost of public employee compensation, which accounts for more than half of local...
Persistent link: https://www.econbiz.de/10012826911
This paper investigates the degree of monoposony power of German employers in different industries, using a semi-structural approach based on a dynamic model of monopsonistic competition. The empirical analysis is based on a linked employer-employee data set which allows us to control for...
Persistent link: https://www.econbiz.de/10010483879
There may be no phrase used more in professional sports than “competitive balance.” League commissioners and commentators alike emphasize the importance to have parity among teams in a sport. They argue that for the long-term health and growth of a sport, fans must have the belief that...
Persistent link: https://www.econbiz.de/10012835910
This study analyses employers' support for the introduction of industry-specific minimum wages as a cost-raising strategy in order to deter market entry. Using a unique data set consisting of 800 firms in the German service sector, we find some evidence that high-productivity employers support...
Persistent link: https://www.econbiz.de/10010282547
This study analyses employers' support for the introduction of industry-specific minimum wages as a cost-raising strategy in order to deter market entry. Using a unique data set consisting of 800 firms in the German service sector, we find some evidence that high-productivity employers support...
Persistent link: https://www.econbiz.de/10009579239
This paper analyses the effects of minimum wages on competition in the German roofing sector. The case is particularly interesting since this sector is faced with a uniform minimum wage despite significant regional disparities in productivity and wages. As a control industry we take the plumbing...
Persistent link: https://www.econbiz.de/10009675281
This study analyses employers' support for the introduction of industry-specific minimum wages as a cost-raising strategy in order to deter market entry. Using a unique data set consisting of 800 firms in the German service sector, we find some evidence that high-productivity employers support...
Persistent link: https://www.econbiz.de/10009536582
This paper analyses the effects of minimum wages on competition in the German roofing sector. The case is particularly interesting since this sector is faced with a uniform minimum wage despite significant regional disparities in productivity and wages. As a control industry we take the plumbing...
Persistent link: https://www.econbiz.de/10013096209
This chapter assesses the use of public procurement to enforce labour standards from a competition and State aid perspective, and concentrates on the establishment of contract compliance clauses under the rules of Article 26 of Directive 2004/18/EC and Article 70 of Directive 2014/24/EU and in...
Persistent link: https://www.econbiz.de/10012957814