Bargaining Structure, Wage Determination, and Wage Dispersion in 6 OECD Countries
نویسندگان
چکیده
منابع مشابه
Bargaining Structure, Wage Determination, and Wage Dispersion in 6 OECD-Countries
The paper examines the role of collective bargaining systems as a determinant of the inter-industry wage structure. It compares wage patterns of six countries: Austria, Canada, Germany, Norway, Sweden and the U.S.. We use comparable wage regressions from micro cross-sections data to calculate inequality in pay across sectors. Our findings suggest the following: First, high (low) wage sectors in...
متن کامل‘ Wage Rigidity and Unemployment in OECD Countries ’
Econometric investigations of individual countries’ experiences with inflation and unemployment in the 1970’s have shown that it is no longer sufficient to simply assume that wages are sticky in order to explain observed macroeconomic phenomena and make policy recommendations. A number of theoretical papers appearing in the last few years, motivated in part by the international econometric comp...
متن کاملCapital Structure, Wage Bargaining and Employment
We offer a unified framework to analyze the determination of employment, employee effort, wages, profit sharing and capital structure when firms face stochastic revenue shocks. We apply a generalized Nash bargaining solution, which extends the wage bargaining literature by incorporating efficiency wage considerations, profit sharing and capital structure. The profit sharing instrument is demons...
متن کاملWage bargaining and vertical differentiation∗
This article intends to apply the Nash Bargaining solution to wage setting in a vertically differentiated oligopoly and to study its welfare effects. The market outcome crucially depends on the bargaining power attributed to the agents. I show that the resulting wage bargaining structure is likely to lead to another source of distortion that adds to the classical one derived by oligopoly pricin...
متن کاملWage and Technology Dispersion
This paper explains why firms with identical opportunities may use different technologies and offer different wages. Our key assumption is that workers must engage in costly search in order to gather information about jobs (Stigler, 1961). In equilibrium, some firms adopt high fixed cost, high productivity technologies, offer high wages, and fill job openings quickly. Other firms adopt less cap...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Kyklos
سال: 1994
ISSN: 0023-5962
DOI: 10.1111/j.1467-6435.1994.tb02250.x