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inverse relation between local wages and local unemployment should be related to sectoral wage bargaining on the national … level. For that purpose a theoretical model is presented which relates firm specific wages with wage negotiations on a supra … unemployment regions. In the empirical section a wage curve estimation using aggregate data is presented. Although the combined …
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case. We explore the influence of productivity growth, the labour relations record of the pair, the influence of industry …
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The micro- and macroeconomic effects of the declining power of trade unions have been hotly debated by economists and policymakers. Nevertheless, the empirical evidence shows that the impact of the decline on economic aggregates and firm performance is not an overwhelming cause for concern....
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This paper presents an alternative implementation of firm-level collective wage bargaining, where bargaining proceeds as a finite sequence of sessions between a firm and a union of variable size. We investigate the impact of such a 'gradual' union on the wage-employment contract in an economy...
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In this paper we analyse how labour market institutions and technology affect wagedetermination through rent sharing. To this aim we first extend the theoretical frameworkof Estevao and Tevlin (2003) to account for heterogeneity of labour (regular and non-regularworkers). The predictions of the...
Persistent link: https://www.econbiz.de/10012836559
In this paper we analyse how labour market institutions and technology affect wage determination through rent sharing. To this aim we first extend the theoretical framework of Estevao and Tevlin (2003) to account for heterogeneity of labour (regular and non-regular workers). The predictions of...
Persistent link: https://www.econbiz.de/10012202577