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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...
Persistent link: https://www.econbiz.de/10013000751
The main focus of the quot;wage bargainingquot; literature has been on the factors promoting real wage flexibility at the macro level. This paper, in contrast, examines the microeconomic issues of wage bargaining. More specifically, this paper appraises the following questions: (a) what are the...
Persistent link: https://www.econbiz.de/10012781757
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...
Persistent link: https://www.econbiz.de/10012999534
This paper analyzes the implications of bilateral bargaining over wages and employment between a producer and a union representing a finite number of identical workers in a monetary macroeconomic model of the AS AD type with government activity. Wages and aggregate employment levels are set...
Persistent link: https://www.econbiz.de/10010340560
Conventional theory predicts that productivity gains lead to pay hikes. Pay increases, however, can influence labor … productivity. But what about in a corporatist economy? Focusing on Germany, we use an innovative technique developed by Geweke to … disentangle the relationship between pay and productivity. …
Persistent link: https://www.econbiz.de/10011413818
Conventional theory predicts that productivity gains lead to pay hikes. Pay increases, however, can influence labor … productivity. But what about in a corporatist economy? Focusing on Germany, we use an innovative technique developed by Geweke to … disentangle the relationship between pay and productivity …
Persistent link: https://www.econbiz.de/10013320390
large firms and diminishing marginal productivity of labor allows us to show that the two limit cases described above yield …
Persistent link: https://www.econbiz.de/10011401500
productivity of a firm, the more likely it is to opt for centralized wage formation where it can hide behind less productive firms …
Persistent link: https://www.econbiz.de/10010360962
There is a growing concern about collective wage agreement and employment dynamics in Germany. In this paper, evidence is provided on the way collective wage agreements affect the adjustment of working hours, employment and other production factors when firms from the service sector are faced...
Persistent link: https://www.econbiz.de/10011444737
Der Beitrag untersucht die Verbreitung von Tarifverträgen in Dienstleistungsunternehmen sowie deren Wirkungen auf die Beschäftigungspolitik im Falle von Nachfrageschwankungen. Der empirische Teil basiert auf der ZEW/Creditreform Konjunkturumfrage bei unternehmensnahen...
Persistent link: https://www.econbiz.de/10011444738