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the one hand, wages are lowered and unemployment decreases, on the other hand, the individual labour supply decision is … progressivity is below the actual level. A decomposition approach shows that the optimal level is increased by high unemployment and … ; unemployment …
Persistent link: https://www.econbiz.de/10003888037
wages, this may explain why there is no clear effect of coordination on unemployment. -- Imperfect competition model ; price … markup ; labor market institutions ; unemployment ; panel data model …
Persistent link: https://www.econbiz.de/10008665180
effect of coordination on unemployment. -- Imperfect competition model ; price markup ; labor market institutions … ; unemployment ; panel data model …
Persistent link: https://www.econbiz.de/10003938886
in the initial conditions. The effect of the initial unemployment rate is particularly strong. The higher initial … unemployment. the higher optimal tax progressivity. Another important driver is the general tax level. High taxes in the initial …
Persistent link: https://www.econbiz.de/10014201134
Despite declining bargaining power, unions continue to generate a wage premium. Some feel collective bargaining has had its day. Politicians on both sides of the Atlantic have recently called for the removal of bargaining rights from workers in the name of wage and employment flexibility, yet...
Persistent link: https://www.econbiz.de/10011415227
There are two divergent views on the role of public sector collective bargaining in American law. The first, and generally older, view is that public sector collective bargaining undermines democratic government, allowing organized employees to interfere with the administration of the law for...
Persistent link: https://www.econbiz.de/10014158693
In this article, we document and discuss salient features of collective bargaining systems in the OECD countries, with the goal of debunking some misconceptions and myths and revitalizing the general interest in wage setting and collective bargaining. We hope that such an interest may help close...
Persistent link: https://www.econbiz.de/10013388793
A perceived need to increase nominal wage flexibility as a substitute for domestic monetary policy and a tendency to less wage moderation are likely to promote bargaining co-ordination and social pacts in the EMU. But such co-ordination is not likely to be sustainable in the long run, as it...
Persistent link: https://www.econbiz.de/10011399330
find that higher union bargaining power leads to a negative relationship between growth and unemployment. An increase in … between the growth and unemployment rates results. …
Persistent link: https://www.econbiz.de/10010457726
A perceived need to increase nominal wage flexibility as a substitute for domestic monetary policy and a tendency to less wage moderation are likely to promote bargaining coordination and social pacts in the EMU. But such coordination is not likely to be sustainable in the long run, as it...
Persistent link: https://www.econbiz.de/10013320872