Wage Bargaining and Efficiency Wages

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Publisher :
ISBN 13 :
Total Pages : 14 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Wage Bargaining and Efficiency Wages by : Steinar Holden

Download or read book Wage Bargaining and Efficiency Wages written by Steinar Holden and published by . This book was released on 1988 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Taxes and Unemployment

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Publisher : Springer Science & Business Media
ISBN 13 : 1461507871
Total Pages : 308 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Taxes and Unemployment by : Laszlo Goerke

Download or read book Taxes and Unemployment written by Laszlo Goerke and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: This chapter has set out in detail the models which are employed below in order to analyse the labour market effects of changes in tax rates and in alterations in the tax structure. The fundamental mechanisms underlying the different approaches have been pointed out. Moreover, vital assumptions have been emphasised. By delineating the models which are used for the subsequent analyses, implicitly statements have also been made about topics or aspects which this study does not cover. For example, all workers and firms are identical ex ante. However, ex-post differences are allowed for, inter alia, if unemploy ment occurs or if some firms have to close down. These restrictions indicate areas of future research insofar as that the findings for homogeneous workers or firms yield an unambiguous proposal for changes in tax rates or the tax structure in order to promote employment. This is because it would be desir able for tax policy to know whether the predicted effects also hold in a world with ex-ante heterogeneity. Furthermore, the product market has not played a role. Therefore, repercussions from labour markets outcomes on product demand - and vice versa - are absent. 55 Moreover, neither the process of capital accumulation, be it physical or human capital, nor substitution pos sibilities between labour and capital in the firms' production function are taken into account. Finally, international competition is not modelled.

Efficiency Wages and Local Versus Central Bargaining

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ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Efficiency Wages and Local Versus Central Bargaining by : Asbjørn Rødseth

Download or read book Efficiency Wages and Local Versus Central Bargaining written by Asbjørn Rødseth and published by . This book was released on 1991 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Centralized Bargaining, Efficiency Wages, and Flexibility

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Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Centralized Bargaining, Efficiency Wages, and Flexibility by : Mr.Ramana Ramaswamy

Download or read book Centralized Bargaining, Efficiency Wages, and Flexibility written by Mr.Ramana Ramaswamy and published by International Monetary Fund. This book was released on 1993-03 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Wage Bargaining Versus Efficiency Wages

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Wage Bargaining Versus Efficiency Wages by : Jon Strand

Download or read book Wage Bargaining Versus Efficiency Wages written by Jon Strand and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We construct a model integrating the efficiency wage model of Shapiro-Stiglitz (1984) (SS), with an individual wage bargaining model in the Diamond-Mortensen-Pissarides (DMP) tradition where firms and workers form pairwise matches. We show that when workers may threaten to shirk on the job and there is individual wage bargaining, the wage is always higher and employment lower than in either the SS model, or the (appropriately modified) DMP model. When firms determine workers' efforts unilaterally, efforts are set inefficiently low in the SS model. In the bargaining model, effort is higher, and is first best when the worker non-shirking constraint does not bind. The overall equilibrium allocation may then be more or less efficient than in the SS model, but is always less efficient than in a pure bargaining model with no moral hazard.

Centralized Bargaining, Efficiency Wages, and Flexibility

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ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Centralized Bargaining, Efficiency Wages, and Flexibility by : Ramana Ramaswamy

Download or read book Centralized Bargaining, Efficiency Wages, and Flexibility written by Ramana Ramaswamy and published by . This book was released on 2006 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main focus of the quot;wage bargainingquot; 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.

Efficiency Wages and Local Versus Central Wage Bargaining

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ISBN 13 : 9788257083830
Total Pages : 12 pages
Book Rating : 4.0/5 (838 download)

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Book Synopsis Efficiency Wages and Local Versus Central Wage Bargaining by : Michael Hoel

Download or read book Efficiency Wages and Local Versus Central Wage Bargaining written by Michael Hoel and published by . This book was released on 1988 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Collective Bargaining and Wage Formation

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Publisher : Springer Science & Business Media
ISBN 13 : 3790815985
Total Pages : 190 pages
Book Rating : 4.7/5 (98 download)

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Book Synopsis Collective Bargaining and Wage Formation by : Hannu Piekkola

Download or read book Collective Bargaining and Wage Formation written by Hannu Piekkola and published by Springer Science & Business Media. This book was released on 2005-12-06 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hannu Piekkola and Kenneth Snellman ETLA, The Research Institute of the Finnish Economy, Helsinki, Finland The Labour Institute for Economic Research, Helsinki, Finland 1 The Basic Issues Wages have traditionally been agreed on collectively in Europe. The articles in this volume examine the current state of collective bargaining as well as the ch- lenges it is currently facing. The issues examined in these papers have a wide applicability to problems on the European labour markets. Torben M. Andersen and Steinar Holden review challenges from globalisation and inter-industry trade and the adaptation to a low-inflation environment. The other contributions are part of the project investigating collective bargaining in Finland, carried out by ETLA (the Research Institute of the Finnish Economy) and the Labour Institute for E- nomic Research. Some of them use results from a Finnish survey carried out by the two institutes ETLA and the Labour Institute on the views of employers and employees about labour relations and the labour market negotiation system. Bargaining systems are complex and their future development depends on their historical evolution, recent and past experiences, and the current situation in the labour market, as well as changes in the international environment. By examining the past functioning of the bargaining system one can observe how different e- ments in it have interacted with various factors in the environment of the system.

Efficiency Wage Models of the Labor Market

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Publisher : Cambridge University Press
ISBN 13 : 9780521312844
Total Pages : 196 pages
Book Rating : 4.3/5 (128 download)

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Book Synopsis Efficiency Wage Models of the Labor Market by : George A. Akerlof

Download or read book Efficiency Wage Models of the Labor Market written by George A. Akerlof and published by Cambridge University Press. This book was released on 1986-11-28 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contributors explore the reasons why involuntary unemployment happens when supply equals demand.

Efficiency Wages and Local Wage Bargaining

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ISBN 13 :
Total Pages : 18 pages
Book Rating : 4.:/5 (594 download)

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Book Synopsis Efficiency Wages and Local Wage Bargaining by : Joan Muysken

Download or read book Efficiency Wages and Local Wage Bargaining written by Joan Muysken and published by . This book was released on 1993 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Profit Sharing with Central and Local Wage Bargaining

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ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Profit Sharing with Central and Local Wage Bargaining by : Oddbjørn Raaum

Download or read book Profit Sharing with Central and Local Wage Bargaining written by Oddbjørn Raaum and published by . This book was released on 1988 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Efficiency Wages, Unemployment Benefits and Union-firm Wage Bargaining

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ISBN 13 : 9789089940544
Total Pages : 149 pages
Book Rating : 4.9/5 (45 download)

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Book Synopsis Efficiency Wages, Unemployment Benefits and Union-firm Wage Bargaining by : Vesna Stavrevska

Download or read book Efficiency Wages, Unemployment Benefits and Union-firm Wage Bargaining written by Vesna Stavrevska and published by . This book was released on 2012 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Working Hours, Wages, Employment, and Efficiency Effects in Collective Bargaining

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ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Working Hours, Wages, Employment, and Efficiency Effects in Collective Bargaining by : Torben M. Andersen

Download or read book Working Hours, Wages, Employment, and Efficiency Effects in Collective Bargaining written by Torben M. Andersen and published by . This book was released on 1988 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Labour Market Efficiency, Wages and Employment when Search Frictions Interact with Intrafirm Bargaining

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ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.X/5 (6 download)

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Book Synopsis Labour Market Efficiency, Wages and Employment when Search Frictions Interact with Intrafirm Bargaining by : Pierre Cahuc

Download or read book Labour Market Efficiency, Wages and Employment when Search Frictions Interact with Intrafirm Bargaining written by Pierre Cahuc and published by . This book was released on 2001 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Wage Bargain and the Labor Market

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Publisher :
ISBN 13 :
Total Pages : 168 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Wage Bargain and the Labor Market by : Harry Mortimer Douty

Download or read book The Wage Bargain and the Labor Market written by Harry Mortimer Douty and published by . This book was released on 1980 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph on wage determination, wages trends and the labour market in the USA - covers wage structure, wage differentials, (incl. Within occupations), wage policy, role of trade unions in wage collective bargaining, minimum wage and employment effects, etc. Bibliography after each chapter and statistical tables.

Bargaining Power, Wages and Employment

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Publisher : SAGE Publications Pvt. Limited
ISBN 13 :
Total Pages : 230 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Bargaining Power, Wages and Employment by : Gaurav Datt

Download or read book Bargaining Power, Wages and Employment written by Gaurav Datt and published by SAGE Publications Pvt. Limited. This book was released on 1996 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Datt (Research Fellow, International Food Policy Research Institute, Washington, DC) offers a methodological study analyzing the operation of agricultural labor markets in ten rural areas of India, arguing that the asymmetrical bargaining power of employers over agricultural laborers exerts a significant qualitative influence on distributional outcomes in the village economy. Annotation copyrighted by Book News, Inc., Portland, OR

Efficiency Wages

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Publisher : Princeton Legacy Library
ISBN 13 : 9780691637273
Total Pages : 128 pages
Book Rating : 4.6/5 (372 download)

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Book Synopsis Efficiency Wages by : Andrew Weiss

Download or read book Efficiency Wages written by Andrew Weiss and published by Princeton Legacy Library. This book was released on 2016-04-03 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Known for his seminal work in efficiency-wage theory, Andrew Weiss surveys recent research in the field and presents new results. He shows how wage schedules affect the kinds of workers a firm employs and how well those workers perform on the job. Using straightforward examples, he demonstrates how efficiency-wage theory can explain labor market outcomes and guide government policy. There is a separate section of applications to less developed countries. "Efficiency-wage models represent one of the most important developments in economic theory of recent years. They have, at last, provided integrated explanations both of macroeconomic phenomena, such as unemployment and wage rigidity, and microeconomic phenomena, such as wage dispersion. Weiss--one of the pioneers of efficiency-wage theory--provides here a masterful survey, a lucid and systematic and yet critical account of this rapidly developing branch of economics. This book should be required reading in all courses in macroeconomics."--Joseph Stiglitz, Stanford University "Efficiency Wages should be on the bookshelf of all labor and macroeconomists."--Lawrence H. Summers, Harvard University "A splendid monograph ... most readable... I will put it on my reading list."--Partha Dasgupta, Stanford University Originally published in 1991. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.