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We evaluate the effects of outsourcing and wage solidarity on wage formation andequilibrium unemployment in a … heterogeneous labour market, where wages are determinedby a monopoly labour union. We find that outsourcing promotes the wage …
Persistent link: https://www.econbiz.de/10005863113
We study both the various consequences and the incentives of outsourcing. We argue that the wage elasticity of labour … demand is increasing as a function of the share of outsourcing, which is importantly a result consistent with existing … empirical research. Furthermore, we show that a production mode with a higher proportion of outsourcing activity reduces the …
Persistent link: https://www.econbiz.de/10012777445
high-wage country with an imperfectly competitive labour market so that outsourcing reduces equilibrium unemployment …We study the various consequences of and the incentives for outsourcing. We argue that the wage elasticity of labour … demand increases as a function of the share of outsourcing, which is a result consistent with existing empirical research …
Persistent link: https://www.econbiz.de/10012777827
high-wage country with an imperfectly competitive labour market so that outsourcing reduces equilibrium unemployment …We study the various consequences of and the incentives for outsourcing. We argue that the wage elasticity of labour … demand increases as a function of the share of outsourcing, which is a result consistent with existing empirical research …
Persistent link: https://www.econbiz.de/10010264053
We study both the various consequences and the incentives of outsourcing. We argue that the wage elasticity of labour … demand is increasing as a function of the share of outsourcing, which is importantly a result consistent with existing … empirical research. Furthermore, we show that a production mode with a higher proportion of outsourcing activity reduces the …
Persistent link: https://www.econbiz.de/10005822911
high-wage country with an imperfectly competitive labour market so that outsourcing reduces equilibrium unemployment …We study the various consequences of and the incentives for outsourcing. We argue that the wage elasticity of labour … demand increases as a function of the share of outsourcing, which is a result consistent with existing empirical research …
Persistent link: https://www.econbiz.de/10005094289
Revised May 2016. We analyze a labor market with search and matching frictions in which wage setting is controlled by a monopoly union. Frictions render existing matches a form of firm-specific capital that is subject to a hold-up problem in a unionized labor market. We study how this hold-up...
Persistent link: https://www.econbiz.de/10012969869
We evaluate the effects of outsourcing and wage solidarity on wage formation and equilibrium unemployment in a … magnify, and not dampen, this tendency. Further, higher outsourcing will increase equilibrium unemployment among the high … heterogeneous labour market, where wages are determined by a monopoly labour union. We find that outsourcing promotes the wage …
Persistent link: https://www.econbiz.de/10014051183
We analyze the following questions associated with flexible outsourcing under partlyimperfect dual domestic labour … sharing influence flexibleoutsourcing? What is the relationship between outsourcing cost, profit sharing and wages?We show …
Persistent link: https://www.econbiz.de/10009418921
outsourcing cost, profit sharing and equilibrium unemployment, when profit sharing is also a part of the compensation schemes in … wage effect. For equilibrium unemployment the effects of outsourcing cost and profit sharing are ambiguous both in case of … the absence or presence of outsourcing and in this case lower outsourcing cost will decrease unemployment. -- Flexible …
Persistent link: https://www.econbiz.de/10003749640