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Persistent link: https://www.econbiz.de/10003566882
This paper studies the relationship between wages and the degree of firm heterogeneity in a given industry under different wage setting structures. To derive testable hypotheses, we set up a theoretical model that analyses the sensitivity of wages to the variability in productivity conditions in...
Persistent link: https://www.econbiz.de/10010298712
Seit Mitte der 1990er Jahre verfolgen die Tarifparteien in Deutschland überwiegend eine moderate Lohnpolitik. Diese hat … die Lohnpolitik im Zusammenspiel mit den Arbeitsmarktreformen der Jahre 2003 bis 2005 den Beschäftigungsaufbau der letzten … Produktivitätszuwachs aus. Eine expansive Lohnpolitik zum Abbau außenwirtschaftlicher Ungleichgewichte würde die Investitionsbereitschaft …
Persistent link: https://www.econbiz.de/10011633308
This paper makes three contributions to the literature on the effects of collective bargaining on the performance of German establishments. We include the analysis of firms' efficiency and we model productivity and efficiency simultaneously. Confronted with 25 % observations with missing values,...
Persistent link: https://www.econbiz.de/10010264653
It is widely believed that rent-sharing reduces the incentives for investment when long term contracts are infeasible because some of the returns to sunk capital are captured by workers. We propose a simple test for the degree of hold-up based on the fraction of capital costs that are deducted...
Persistent link: https://www.econbiz.de/10010282490
In contrast with the experiences of the UK and the US, the distribution of labour and capital income has changed sharply in favour of capital in most Continental European and Nordic countries during the past two decades. We examine forces behind the evolution of the aggregate labour share by...
Persistent link: https://www.econbiz.de/10010285250
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