Documents wage determination 357 results

"A striking feature of the past few decades has been the development of wage-determination models that assume that labor markets are imperfectly competitive. This paper discusses two such models (trade unions and oligopsony), although there are many more. It also asks if imperfectly competitive models should be used whenever researchers are modeling the labor market. Some people would argue for this only in cases when the predictions and comparative statics of the imperfectly competitive model differ from those of the competitive model. Of course, to know this, one needs to know precisely what the predictions and comparative statics of the respective models are. Moreover, for policymakers to be able to determine if an intervention is required in the first place, there does need to be some analytical framework to act as a guide. In the perfectly competitive model of the labor markets, for example, typically no intervention or regulation would be justified. However, labor economics has moved far beyond this position, with the incorporation of new ideas into modeling wage determination in imperfectly competitive labor markets, and with the availability of better datasets to facilitate empirical investigation."

"One of the special features of the Nordic countries is that the determination of wages and working conditions is largely left up to the negotiations between the social partners.
The purpose of this report is to illuminate a number of the challenges faced by the labour-law systems of the Nordic countries in the light of an increasingly well-developed European law system.
The first part of the report was prepared by Dr. Jur. Jens Kristiansen, the editor-in-chief, and focuses on a number of the general challenges facing the labour-law systems of the Nordic countries in the form of European rules and court decisions.
The second part of the report was prepared by various representatives of employer and employee organisations in the Nordic countries and illustrates some of the challenges faced by the social partners in their interaction with the European court system and the way in which these challenges have been addressed in the individual countries."

"This paper exploits the information collected from a survey conducted on a sample of Portuguese firms to study the patterns of firms' price and wage adjustments and the extent of nominal price and wage rigidities. The evidence shows that the frequency of price changes varies substantially across sectors and depends on the intensity of competition, the share of labor costs and firms' price reviewing behavior. The results also suggest that the constraint imposed by the presence of downward nominal wage rigidity is less important in firms where the fraction of permanent and high-skilled workers is lower and the share of flexible pay components is higher."

"Using a representative establishment dataset, this paper is the first to analyze the incidence of wage bargaining and wage posting in the matching process from the employers' side. We show that both modes of wage determination coexist in the German labor market, with more than one-third of hirings being characterized by individual wage negotiations. Wage bargaining is more likely for more-educated applicants, for jobs with special requirements, and in tight regional labor markets. Wage posting (in the sense of a fixed offer) dominates in the public sector, in larger firms, in firms covered by collective bargaining agreements, and in jobs involving part-time and fixed-term contracts. Job seekers who are unemployed, out of the labor force or have just finished an apprenticeship are also less likely to have a chance to negotiate."

"Depuis le début des années 2000, la dynamique des négociations de branche et d'entreprise, loin de mettre en évidence une substitution de l'une à l'autre, souligne leur complémentarité. Dans ce contexte, cet article interroge la façon dont les établissements en France articulent négociations de branche et d'entreprise dans leurs décisions salariales à partir de l'exploitation de l'enquête Reponse 2004-2005 et de deux études de cas menées dans le secteur automobile et dans celui des centres d'appels. Après avoir construit une typologie des établissements selon leurs modes de négociations salariales, nos analyses vérifient l'actualité de l'opposition entre les rôles de la négociation comme lieu de régulation salariale et comme lieu de détermination des salaires selon qu'elle se situe au niveau de la branche ou de l'entreprise. Enfin, nous discutons l'existence d'autres niveaux pertinents de fixation des salaires : l'un, porté par la montée de l'individualisation des rémunérations ; l'autre, délimité par l'influence croissante d'acteurs économiques extérieurs à l'entreprise (têtes de groupe et donneurs d'ordre)."

"This paper studies the determinants and consequences in the early stages of the hiring process of unemployed workers' wage demands using direct data on workers' wage requests. We show that most unemployed workers want a wage close to their previous wage, and thus much more than they get in unemployment benefits. However, some groups, such as women, tend to demand lower wages. Moreover, we find that workers with high wage demands are contacted by firms less often than otherwise similar workers with lower wage demands. Thus, our results suggest that too high wage demands may contribute to high unemployment."