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This paper examines the occurrence of upward distorsions on working-hours caused by the existence of multiplicative effects in the production process. Multiplicative effects are mainly associated with managerial positions but, more generally, with jobs involving multiple tasks or affecting the...
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It is known that discretionary policy may give rise to an infaltionary bias if wages are negotiated in nominal terms …
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We use matched firm - worker panel data from France and Norway to consider observationally equivalent alternatives to the hypothesis that firms share product market rents with their neither the main statistical explanations nor sectoral shocks seem to be responsible for the observed correlation.
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Unions compress the wage distribution among workers covered by union contracts. We ask whether unions also have an effect on the mangers of unionized firms. To this end we collected and assembled data on unionization and managerial pay within firms and industries in the US and across countries....
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