Productivity and Wage Effects of Firm-Level Collective Agreements: Evidence from Belgian Linked Panel Data
How do firm-level collective agreements affect firm performance in a multi-level bargaining system? Using detailed Belgian linked employer-employee panel data, our findings show that firm agreements increase both wage costs and productivity (with respect to sector-level agreements). Relying on a recent approach developed by Bartolucci (2014), they also indicate that firm agreements exert a stronger impact on wages than on productivity, so that profitability is hampered. However, this rent-sharing effect only holds in manufacturing. In private sector services, the raw wage premium associated to... Mehr ...
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Dokumenttyp: | doc-type:workingPaper |
Erscheinungsdatum: | 2018 |
Verlag/Hrsg.: |
Bonn: Institute of Labor Economics (IZA)
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Schlagwörter: | ddc:330 / C33 / J24 / J31 / collective bargaining / productivity / labour costs / linked panel data |
Sprache: | Englisch |
Permalink: | https://search.fid-benelux.de/Record/base-28496502 |
Datenquelle: | BASE; Originalkatalog |
Powered By: | BASE |
Link(s) : | http://hdl.handle.net/10419/180586 |