1. Grievance arbitration in the United States; an analysis of its functions and effects, by J. Stieber.--2. Compulsory arbitration in Britain: the work of the Industrial Disputes Tribunal, by W. E. J. McCarthy.--3. Check-off agreements in Britain: a study of their growth and functions, by A. I....

This paper is an analysis of the impact of different bargaining regimes on firm-specific wages and wage dispersion. In recent years, firms in Germany favored flexible to collective bargained wages. Opening clauses were introduced to combine collective bargaining and flexible adaptation of e.g....