Author: Michael Rusinek
Publisher:
ISBN:
Category :
Languages : en
Pages : 38
Book Description
Rent-Sharing Under Different Bargaining Regimes
Rent-Sharing Under Different Bargaining Regimes
Author: Michael Rusinek
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Using Belgian linked employer-employee data, we examine how collective bargaining arrangements affect the relationship between firms' profitability and individual wages via rent-sharing. In industries where agreements are usually renegotiated at firm-level ('decentralized industries') wages and firm-level profits are positively correlated regardless of the type of collective wage agreement by which the workers are covered (industry or firm). On the other hand, where firm-level wage renegotiation is less common ('centralized industries'), wages are only significantly related to firms' profitability for workers covered by a firm-level collective agreement. Thus, industry-wide contracts that are not complemented by a firm-level collective agreement suppress the impact of firm profits on workers' wages in centralized industries.
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Using Belgian linked employer-employee data, we examine how collective bargaining arrangements affect the relationship between firms' profitability and individual wages via rent-sharing. In industries where agreements are usually renegotiated at firm-level ('decentralized industries') wages and firm-level profits are positively correlated regardless of the type of collective wage agreement by which the workers are covered (industry or firm). On the other hand, where firm-level wage renegotiation is less common ('centralized industries'), wages are only significantly related to firms' profitability for workers covered by a firm-level collective agreement. Thus, industry-wide contracts that are not complemented by a firm-level collective agreement suppress the impact of firm profits on workers' wages in centralized industries.
Rent-sharing Under Different Bargaining Regimes
Rent-Sharing
Author: Nicole Gürtzgen
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
This paper analyses whether wages in Germany respond to firm-specific profitability conditions. Particular emphasis lies on the question of whether the extent of rent-sharing varies across different systems of wage determination. Those may be categorised into sector-specific wage agreements, firm-specific wage agreements and wage determination without any bargaining coverage. To derive testable hypotheses, we set up a theoretical model that analyses the sensitivity of wages to firm-specific conditions under different wage setting structures. The hypotheses are tested using an establishment-level panel data set from the mining and manufacturing sector. The results of the empirical analysis generally suggest that rent-sharing is present in Germany. However, the extent of rent-sharing is found to be significantly lower in establishments that are subject to a collective wage agreement - irrespective of whether the agreement is industry- or firm-specific. While pooled OLS estimates yield positive estimates of the rent-sharing coefficient in establishments that are covered by a collective contract, SYS-GMM-estimates accounting for unobserved heterogeneity and endogeneity of rents point to a rent-sharing coefficient of zero.
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
This paper analyses whether wages in Germany respond to firm-specific profitability conditions. Particular emphasis lies on the question of whether the extent of rent-sharing varies across different systems of wage determination. Those may be categorised into sector-specific wage agreements, firm-specific wage agreements and wage determination without any bargaining coverage. To derive testable hypotheses, we set up a theoretical model that analyses the sensitivity of wages to firm-specific conditions under different wage setting structures. The hypotheses are tested using an establishment-level panel data set from the mining and manufacturing sector. The results of the empirical analysis generally suggest that rent-sharing is present in Germany. However, the extent of rent-sharing is found to be significantly lower in establishments that are subject to a collective wage agreement - irrespective of whether the agreement is industry- or firm-specific. While pooled OLS estimates yield positive estimates of the rent-sharing coefficient in establishments that are covered by a collective contract, SYS-GMM-estimates accounting for unobserved heterogeneity and endogeneity of rents point to a rent-sharing coefficient of zero.
Essays on Wage Formation and Globalization
Author: Andreas Hauptmann
Publisher: wbv Media GmbH & Company KG
ISBN: 3763941002
Category : Social Science
Languages : en
Pages : 154
Book Description
Warum zahlen manche Firmen nach Tarif, statt die Löhne individuell auszuhandeln? Zahlen Exportfirmen höhere Löhne als Firmen, die nicht exportieren und inwieweit wird dies von institutionellen Rahmenbedingungen bestimmt? Welche Zusammenhänge bestehen zwischen den Lohnstückkosten und der Exportstärke von Unternehmen? Mit diesen und weiteren Fragen befasst sich Andreas Hauptmann im vorliegenden Band. In mehreren Kapiteln legt der Autor dar, dass zwischen Löhnen, Globalisierung und institutionellen Kontextfaktoren vielfältige Wechselwirkungen bestehen.
Publisher: wbv Media GmbH & Company KG
ISBN: 3763941002
Category : Social Science
Languages : en
Pages : 154
Book Description
Warum zahlen manche Firmen nach Tarif, statt die Löhne individuell auszuhandeln? Zahlen Exportfirmen höhere Löhne als Firmen, die nicht exportieren und inwieweit wird dies von institutionellen Rahmenbedingungen bestimmt? Welche Zusammenhänge bestehen zwischen den Lohnstückkosten und der Exportstärke von Unternehmen? Mit diesen und weiteren Fragen befasst sich Andreas Hauptmann im vorliegenden Band. In mehreren Kapiteln legt der Autor dar, dass zwischen Löhnen, Globalisierung und institutionellen Kontextfaktoren vielfältige Wechselwirkungen bestehen.
OECD Employment Outlook 2012
Author: OECD
Publisher: OECD Publishing
ISBN: 9264177906
Category :
Languages : en
Pages : 262
Book Description
This 30th edition of the OECD Employment Outlook examines the labour market performance of OECD countries as well as the prospects in the short term.
Publisher: OECD Publishing
ISBN: 9264177906
Category :
Languages : en
Pages : 262
Book Description
This 30th edition of the OECD Employment Outlook examines the labour market performance of OECD countries as well as the prospects in the short term.
Advances in the Economic Analysis of Participatory and Labor-Managed Firms
Author: Jed DeVaro
Publisher: Emerald Group Publishing
ISBN: 085724759X
Category : Business & Economics
Languages : en
Pages : 326
Book Description
Contains a stimulating collection of original papers spanning a variety of topics. This title contains three papers on the subject of job design and organizational performance, covering the determinants of multiskilling from a theoretical perspective and also the empirical effect of multiskilling and teams on financial performance.
Publisher: Emerald Group Publishing
ISBN: 085724759X
Category : Business & Economics
Languages : en
Pages : 326
Book Description
Contains a stimulating collection of original papers spanning a variety of topics. This title contains three papers on the subject of job design and organizational performance, covering the determinants of multiskilling from a theoretical perspective and also the empirical effect of multiskilling and teams on financial performance.
Real Wage Determination and Rent-sharing in Collective Bargaining Agreements
Author: Loizos Nicolaou Christofides
Publisher:
ISBN:
Category : Collective bargaining
Languages : en
Pages : 34
Book Description
Publisher:
ISBN:
Category : Collective bargaining
Languages : en
Pages : 34
Book Description
Wages and the Bargaining Regime in a Corporatist Setting
Author: Joop Hartog
Publisher:
ISBN:
Category : Collective bargaining
Languages : en
Pages : 70
Book Description
Publisher:
ISBN:
Category : Collective bargaining
Languages : en
Pages : 70
Book Description
The 2012 Labour Market Reform in Spain A Preliminary Assessment
Author: OECD
Publisher: OECD Publishing
ISBN: 9264213589
Category :
Languages : en
Pages : 80
Book Description
This report provides an initial evaluation of the comprehensive reform of the Spanish labour market undertaken in 2012.
Publisher: OECD Publishing
ISBN: 9264213589
Category :
Languages : en
Pages : 80
Book Description
This report provides an initial evaluation of the comprehensive reform of the Spanish labour market undertaken in 2012.