We show that wage setting in the Colombian manufacturing industry is not fundamentally driven by labor productivity in contrast to the standard theoretical prediction. On the contrary, internal institutional arrangements - payroll taxation, the minimum wage or the price wedge between...

Ein Grund für die anhaltende Eurokrise sind die unterschiedliche Entwicklung der durchschnittlichen Lohnkosten pro Outputeinheit und ihre Auswirkung auf die internationale Wettbewerbsfähigkeit. Der Beitrag betrachtet die unterschiedliche Entwicklung der Lohnstückkosten der letzten 20 Jahre in...

Das Lohnstückkostenniveau des deutschen Verarbeitenden Gewerbes war auch im Jahr 2016 hoch. Im Durchschnitt lagen die Lohnstückkosten in den Vergleichsländern um 12 Prozent unter dem deutschen Niveau. Der Euroraum hatte mit 6 Prozent einen halb so großen Kostenvorteil gegenüber Deutschland....

Recent evidence on functional income distribution suggests that the shares of capital and labour in national income vary considerably both over time and across countries. Specifically, there seems to be a general reduction in the labour share around the world, in particular from the mid-1980s...

Das deutsche Verarbeitende Gewerbe hat im internationalen Vergleich ein hohes Lohnstückkostenniveau. Im Durchschnitt waren die deutschen Lohnstückkosten im Jahr 2020 um 22 Prozent höher als in den 27 Vergleichsländern. Der Kostennachteil Deutschlands gegenüber dem Euro-Ausland (Euroraum...

Employees of globalized firms face a riskier menu of labor market outcomes. They face a more uncertain stream of earnings and riskier employment prospects. However, they may also have stronger incentives to train and upgrade their skills and/or may benefit from more rapid careers. Hence, the...

We develop a method for identifying departures from relative factor price equality across regions that is valid under general assumptions about production, markets and factors. Application of this method to the United States reveals substantial and increasing deviations in relative skilled wages...

In oligopolistic industries that are unionised and may be affected by offshoring, falling offshoring costs have a moderating effect on trade unions. They will accept lower sector wages in order to discourage mobile forms from leaving the country. Since such wages are independent of the workers'...

In oligopolistic industries, increased cost saving opportunities via offshoring have a moderating effect on trade unions. In order to discourage mobile firms from leaving the country, unions accept lower sector wages. In effect, the negotiated wage becomes independent of workers' bargaining...