Author: Ramana RamaswamyPublisher:
ISBN:
Category :
Languages : en
Pages : 22
Book Description
Centralized Bargaining, Efficiency Wages and Flexibility
Author: Ramana RamaswamyCentralized Bargaining, Efficiency Wages, and Flexibility
Author: Mr.Ramana RamaswamyPublisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 38
Book Description
The main focus of the “wage bargaining” 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 conditions under which a firm prefers decentralized to centralized bargaining?, (b) what are the characteristic features of firms which prefer decentralized to centralized bargaining?, and (c) has the proportion of firms which prefer decentralized bargaining increased over time? These questions are examined in an efficiency wage model with insider-outsider features. This paper provides useful theoretical insights for understanding the issues involved in shifting from centralized to decentralized wage bargaining.
Negotiating Our Way Up Collective Bargaining in a Changing World of Work
Author: OECDPublisher: OECD Publishing
ISBN: 9264362576
Category :
Languages : en
Pages : 270
Book Description
Collective bargaining and workers’ voice are often discussed in the past rather than in the future tense, but can they play a role in the context of a rapidly changing world of work? This report provides a comprehensive assessment of the functioning of collective bargaining systems and workers’ voice arrangements across OECD countries, and new insights on their effect on labour market performance today.
Unions and Collective Bargaining
Author: Toke AidtPublisher: Directions in Development
ISBN:
Category : Business & Economics
Languages : en
Pages : 188
Book Description
This book offers an extensive survey and synthesis of the economic literature on trade unions and collective bargaining and their impact on micro-and macro-economic outcomes. The authors demonstrate the effects of collective bargaining in different country settings and time periods. A comprehensive reference, this book will be of interest to students and scholars of labor policy as well as to policy makers and anyone with an interest in the economic consequences of unionism.
Essays on Wage Formation and Globalization
Author: Andreas HauptmannPublisher: 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.
Governance Structures and the Employment Relationship
Author: Stefan ZagelmeyerPublisher: Peter Lang
ISBN: 9783039100736
Category : Business & Economics
Languages : en
Pages : 420
Book Description
Table of Contents Figures 9 Tables 11 Abbreviations 15 Acknowledgements 17 1 Introduction 19 1.1 Governance Structures for the Employment Relationship 19 1.2 The Evolution of Collective Bargaining in Britain 21 1.3 Research Questions and Plan of this Book 27 2 Governance Structures for the Employment Relationship 29 2.1 The Employment Relationship 29 2.2 Governance Structures 46 2.3 Optimal Governance Structures 67 2.4 Conclusions 79 3 Evolution of Governance Structures 81 3.1 Previous Theoretical Literature 82 3.2 The Evolutionary Framework to Governance Structures 106 3.3 Conclusions 129 4 Determinants of Employer Demand for Governance Structures 131 4.1 Company-Level Factors 132 4.2 Markets 164 4.3 Institutions 169 4.4 External Organisations 172 4.5 Conclusions 188 5 Governance Structures 1780-2000: Description and Analysis 191 5.1 The Emergence and Evolution of Governance Structures 1780-2000 191 5.2 The Role of External Organisations 218 5.3 Conclusions 227 6 Determinants of Employer Demand 1980-1998: Bivariate Analyses 229 6.1 Research Design 229 6.2 Company-Level Factors 236 6.3 Markets 279 6.4 Institutions 284 6.5 External Organisations 286 6.6 Conclusions 292 7 Determinants of Employer Demand 1980-1998: Multivariate Analyses 295 7.1 The Current State of Research 295 7.2 Research Design 300 7.3 The Empirical Results 318 7.4 Conclusions 348 8 Conclusions 353 8.1 Determinants of Governance Structures: The Findings 353 8.2 Whodunit? The Decline of Collective Bargaining in Britain 357 8.3 The Implications of Decollectivisation for Human Resource Management and Industrial Relations 360 8.4 Optimal Governance Structures for the Employment Relationship: A Role for Public Policy? 362 Appendix 367 Bibliography 383 Index 409
Rethinking Corporate Governance
Author: Roger BlanpainPublisher: Kluwer Law International B.V.
ISBN: 9041134506
Category : Business & Economics
Languages : en
Pages : 394
Book Description
Now that the economic orthodoxy of 'light-touch' regulation has been widely discredited by recent events in the financial markets, and shareholder-oriented management has come under intense scrutiny, it is time to seriously consider the merits of stakeholder-oriented economies. In this far-reaching symposium on this aspect of comparative labour relations, 35 scholars examine case studies and evolving scenarios in a wide variety of countries, from leading economic powers such as the United States, the United Kingdom, and Germany to post-socialist states such as Poland, Hungary, and Bulgaria to the formidable global economic presences of Brazil, Russia, and India. With contributions from leading experts from all around the world in the fields of labour law, industrial relations, labour economics, labour statistics, human resources management, organization theory and other related subjects, the papers focus on the impact of the global economic crisis and its implications for the future of employment. Specific contexts covered include: ; adversarial versus strategic collective bargaining; transnational collective bargaining; long-term employees as the most valuable corporate stakeholders; workers' voice and participation in the restructuring of undertakings; privatization of state-owned companies; executive pay; investment in vocational training in times of economic crisis; the impact of the EU's Cross-Border Merger Directive; inherent dangers in the EMU one-size-fits-all monetary policy; and cases of large-scale corporate fraud. Of particular interest is the treatment of important developments in Singapore and Nigeria, as well as lessons to be learned from pitfalls encountered in South Africa and other countries. With its theoretical arguments and empirical data, this volume is certainly a major contribution to the debate over whether shareholder or stakeholder approaches to management yield the best results in terms of employment outcomes. As the world economic crisis continues to take its toll on employment, pension funds, public services, and living standards, the book is sure to find a wide audience among policymakers and lawyers worldwide concerned with the future of employment relations and their effect on both productivity and social stability. This volume includes a selection of papers from the Eighth International Conference in commemoration of Marco Biagi held at the Marco Biagi Foundation in Modena, Italy in March 2010.
IMF Working Paper
Author: Collective Bargaining and Wages in Comparative Perspective
Author: Roger BlanpainPublisher: Kluwer Law International B.V.
ISBN: 9041123881
Category : Business & Economics
Languages : en
Pages : 190
Book Description
Remarkably, the core element of labour relations?wage determination?has been excluded from the European social dialogue about harmonisation of working conditions and national systems of social security. The present study responds by analysing the prospects of building up structures of wage formation in Europe through a reevaluation of collective bargaining and collective agreements as they exist under the law of the most industrialized Member States. The impetus for the study is the widely debated crisis of the system of concluding regional collective agreements on wages. Social partners seem to have been trapped in fruitless conflicts on how the system must be reformed. It has become obvious that no party concerned employers, trade unions, the state has the capacity to resolve the growing difficulties of collective wage formation. In an introductory essay by the distinguished editors, this important study takes the situation in Germany, the most prominent manifestation of this European crisis, as its starting point. Then, academic experts from France, the United Kingdom, the Netherlands, and Sweden describe comparable problems in their own countries, detail approaches to dealing with them, and provide a critical commentary, including judgements and suggestions in relation to the German case. Then follows a reexamination of the situation in Germany in the light of the experience of the other countries. A final chapter outlines some preliminary interpretations of European prospects. Salient issues investigated include the following: the erosion of such ideological and legal categories and concepts as `dependent work, `solidarity', `subsidiarity' and `social self-regulation' as preconditions of traditional collective bargaining structures at national level; the decreasing membership of the bargaining partners on both sides; the shrinking rate of employees covered by collective agreements; attempts to establish a national social pact; increasing competition on global markets; decentralizing management strategies, including the abandonment of collective bargaining; and, individualized employees. The authors examine the various state structures to determine if the legal and institutional developments of the different national systems of collective bargaining constitute starting points for mutual learning in order to meet the new challenges. This leads to a discussion of which practices are successful in their original environment, and how these practices might adapt to other systems in other countries.
Differences and Changes in Wage Structures
Author: Richard B. FreemanPublisher: University of Chicago Press
ISBN: 0226261840
Category : Political Science
Languages : en
Pages : 474
Book Description
During the past two decades, wages of skilled workers in the United States rose while those of unskilled workers fell; less-educated young men in particular have suffered unprecedented losses in real earnings. These twelve original essays explore whether this trend is unique to the United States or is part of a general growth in inequality in advanced countries. Focusing on labor market institutions and the supply and demand forces that affect wages, the papers compare patterns of earnings inequality and pay differentials in the United States, Australia, Korea, Japan, Western Europe, and the changing economies of Eastern Europe. Cross-country studies examine issues such as managerial compensation, gender differences in earnings, and the relationship of pay to regional unemployment. From this rich store of data, the contributors attribute changes in relative wages and unemployment among countries both to differences in labor market institutions and training and education systems, and to long-term shifts in supply and demand for skilled workers. These shifts are driven in part by skill-biased technological change and the growing internationalization of advanced industrial economies.