surplus created within the firm is divided between profits and wages. An efficient bargaining framework based on the work of …

surplus created within the firm is divided between profits and wages. An efficient bargaining framework based on the work of …

bargaining in Germany. Based on a simple bargaining model we derive our main hypothesis: In establishments covered by collective … bargaining agreements works councils are more likely to be engaged in productivity enhancing activities and less engaged in rent … empirical analysis confirms this hypothesis. The presence of works councils exerts a positive impact on productivity within the …

bargaining in Germany. Based on a simple bargaining model we derive our main hypothesis: In establishments covered by collective … bargaining agreements works councils are more likely to be engaged in productivity enhancing activities and less engaged in rent … empirical analysis confirms this hypothesis. The presence of works councils exerts a positive impact on productivity within the …

bargaining in Germany. Based on a simple bargaining model we derive our main hypothesis: In establishments covered by collective … bargaining agreements works councils are more likely to be engaged in productivity enhancing activities and less engaged in rent … empirical analysis confirms this hypothesis. The presence of works councils exerts a positive impact on productivity within the …

stronger than the firm and the productivity enhancing effects of paying higher wages are sufficiently large, then efficiency …

exception. Wage mark-downs, that is wages below the marginal revenue product of labour rooted in employers' monopsony power, are … and intensity of wage mark-downs whereas the opposite holds for wage mark-ups, that is wages above the marginal revenue …

exception. Wage mark-downs, that is wages below the marginal revenue product of labour rooted in employers' monopsony power, are … and intensity of wage mark-downs whereas the opposite holds for wage mark-ups, that is wages above the marginal revenue …