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This paper offers a cartel explanation for the stability of German collective bargaining institutions.We show that a dense net of legal safeguards has been yarned around the wage setting cartel. These measures make deviation by cartel insiders less attractive and simultaneously erect entry...
Persistent link: https://www.econbiz.de/10010264682
This paper offers a cartel explanation for the stability of German collective bargaining institutions.We show that a dense net of legal safeguards has been yarned around the wage setting cartel. These measures make deviation by cartel insiders less attractive and simultaneously erect entry...
Persistent link: https://www.econbiz.de/10014050195
system of collective bargaining between a single industry union and the industry's employers association. Our cartel analysis … establishment of a fully tariff-enabled union. Such an endeavor must go hand in hand with the institutionalization of a competition …
Persistent link: https://www.econbiz.de/10004963960
We analyze the bargaining problem of an incumbent firm and a union when the wage contract becomes generally binding …
Persistent link: https://www.econbiz.de/10010271363
We analyze the bargaining problem of an incumbent firm and a union when the wage contract becomes generally binding …
Persistent link: https://www.econbiz.de/10003968689
Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to signal directions for market adjustments to ensure growth. Wage growth is driven by relative scarcity, labor productivity and expectations about inflation and future growth....
Persistent link: https://www.econbiz.de/10012131008
We analyze the bargaining problem of an incumbent firm and a union when the wage contract becomes generally binding …
Persistent link: https://www.econbiz.de/10008498395
This paper offers a cartel explanation for the stability of German collective bargaining institutions.We show that a dense net of legal safeguards has been yarned around the wage setting cartel. These measures make deviation by cartel insiders less attractive and simultaneously erect entry...
Persistent link: https://www.econbiz.de/10005738714
We analyze the bargaining problem of an incumbent firm and a union when the wage contract becomes generally binding …
Persistent link: https://www.econbiz.de/10014193442
Das Instrument der Allgemeinverbindlicherklärung von Tarifverträgen spielt in Deutschland anders als in anderen …
Persistent link: https://www.econbiz.de/10010202161