Die fortschreitende Globalisierung der Produktion von Waren und Dienstleistungen ist nicht erst seit der Coronakrise Gegenstand zahlreicher Debatten. Die damit einhergehenden Diskussionen um soziale Nachhaltigkeit der globalen Lieferketten von multinationalen Konzernen haben aufgezeigt, dass...

Building on the right-to-manage model of collective bargaining, this paper tries to infer unionpower from the observed results in wage setting. It derives a time-varying indicator of unionstrength and confronts it with annual data for Germany. The results show that union powerwas relatively...

"This paper provides a comprehensive survey of seven aspects of rising inequality that are usually discussed separately: changes in labor's share of income; inequality at the bottom of the income distribution, including labor mobility; skill-biased technical change; inequality among high incomes;...

Several authors have argued that if the labor share of income is used as the proxy for real marginal cost, then the sticky-price version of the New Keynesian Phillips Curve does a good job of approximating US inflation dynamics. However, this paper argues that the labor share is an inappropriate...