The paper analyzes wages in the U.S. airline industry, focusing on the role of collective bargaining in a changing product market environment. Airline unions have considerable strike threat power, but are constrained by the financial health of carriers. Since airline deregulation, compensation...

This paper discusses the endeavours of policy makers to come to some degree of wage coordination among EU countries, aiming at aligning wage growth with labour productivity growth at the national levels. In this context, we analyse the wage and productivity developments in Germany, the European...

Intro -- Contents -- Acknowledgements -- 1. Introduction -- 2. Methods -- 3. Time and Location -- 4. Morale -- 5. Company Risk Aversion -- 6. Internal Pay Structure -- 7. External Pay Structure -- 8. The Shirking Theory -- 9. The Pay of New Hires in the Primary Sector -- 10. Raises -- 11....