Documents Damiani, Mirella 7 results

"This article analyses the role of green investments (GIs) in the adoption of decentralised bargaining and the single aspects negotiated therein. Using data on a large representative sample of Italian firms, we find that investing in green technologies increases the overall probability of decentralised agreements. Further, GIs lead to an increase in negotiations on performance-related pay and welfare benefits. These results are robust to an econometric strategy that controls for unobserved heterogeneity and endogeneity issues. Our explanation for this evidence is that the current ecological transition in production processes is likely causing significant organisational changes. Managing these changes requires increased flexibility in negotiating critical issues at the company level, such as wage premiums and non-monetary benefits to employees."

"This article examines national and industry-level differences in total factor productivity (TFP), or efficiency, for 14 European countries and ten industries for the period 1995–2007. The main aim is to ascertain the extent to which employment protection legislation (EPL) for workers with temporary contracts affects TFP, based on difference-in-difference estimations. The results show that the deregulation of temporary employment negatively affects TFP growth in European economies and that, at industry level, this liberalization affects industries with a higher propensity to use temporary workers. Furthermore, the authors find that the deregulation of temporary employment discourages training and the acquisition of firm-specific skills."

"Liberalisation of temporary contracts has become an important component of recent labour reforms but up to now available research has not paid attention to the impacts of these institutional changes on functional income distribution. The present paper intends to fill this gap by focussing on the reduction in strictness of employment protection of temporary jobs and analysing its effects on factor shares. We have estimated labour share, as well as its components, worker pays and employment, by considering country-sector evidence for 14 EU economies and the sample period 1995-2007. We have found that these legislative changes, that have favoured the extensive use of temporary contracts, have contributed to instability of working conditions and caused negative effects on workers' pays. These impacts have more than counterbalanced the scanty positive effects on employment (due to greater access to the labour market of additional workers, likely young and women), thus leading to a decrease in income share accruing to workers."

"Liberalisation of temporary contracts has become an important component of recent labour reforms but up to now available research has not paid attention to the impacts of these institutional changes on functional income distribution. The present paper intends to fill this gap by focussing on the reduction in strictness of employment protection of temporary jobs and analysing its effects on factor shares. We have estimated labour share, as well as its components, worker pays and employment, by considering country-sector evidence for 14 EU economies and the sample period 1995-2007. We have found that these legislative changes, that have favoured the extensive use of temporary contracts, have contributed to instability of working conditions and caused negative effects on workers' pays. These impacts have more than counterbalanced the scanty positive effects on employment (due to greater access to the labour market of additional workers, likely young and women), thus leading to a decrease in income share accruing to workers."

"The present study examines cross-national and sectoral differences in multifactor productivity growth in sixteen European countries from 1995 to 2005. The main aim is to ascertain the role of flexible employment contracts and collective labour relationships in explaining the ample differentials recorded in the European economy. Research Findings We use the EU KLEMS database for growth accounting and a broad set of indicators of labour regulations, covering two distinct ‘areas' of labour regulation: employment laws and collective relations laws. This comprehensive approach allow us to consider arrangements that regulate allocation of labour inputs (fixed-term, part-time contracts, hours worked) and of payoff and decision rights of employees. We find that, since 1995, European countries have not followed similar patterns of growth. A large number of variations between European economies are caused by deep differentials in multifactor productivity and part of this heterogeneity is caused by sectoral diversities. We show that, in labour-intensive sectors such as services, fixed-term contracts, which imply shorter-term jobs and lower employment tenures, may discourage investment in skills and have detrimental effects on multifactor productivity increases. We also find that some forms of labour regulation and arrangements that give a ‘voice' to employees mitigate these perverse effects on efficiency patterns. Employment protection reforms which slacken the rules of fixed-term contracts cause potential drawbacks in terms of low productivity gains. More stringent regulation of these practices, as well as a climate of collective relations, sustain long-term relationships and mitigate these negative effects."

"This article analyses the role of deviations from higher level collective agreements adopted in firm‐level bargaining to regain higher labour mobility, net positive employment effects and a resurgence of labour productivity. Using Italian firm‐level data, after performing preliminary pooled ordinary least squares and fixed effects estimates, we adopt a difference‐in‐difference approach combined with a propensity score matching. All the estimations show that opting out clauses notably increases both hiring and separations, but without significant variations in terms of net employment. In addition, no significant labour productivity gains are obtained. The only significant change concerns the increase in the share of temporary workers."