Jung, Sven; Schnabel, Claus - 2009
-employer agreements are significantly less likely to have wage cushions. -- Wages ; wage cushion ; wage determination ; bargaining … collective agreements pay wages above the level stipulated in the agreement, which gives rise to a wage cushion between the … levels of actual and contractual wages. Cross-sectional and fixed-effects estimations for the period 2001-2006 indicate that …