Arbeitspapier

Rent-sharing under different bargaining regimes: Evidence from linked employer-employee data

In many European countries, the majority of workers have their wage rates determined directly by industry-level agreements. For some workers, industry agreements are supplemented by firm-specific agreements. Yet, the relative importance of individual company and industry agreements (in other words, the degree of centralisation) differs drastically across industries. The authors of this paper use unique linked employer-employee data from a 2003 survey in Belgium to examine how these bargaining features affect the extent of rent-sharing. Their results show that there is substantially more rent-sharing in decentralised than in centralised industries, even when controlling for the endogeneity of profits, for heterogeneity among workers and firms and for differences in characteristics between bargaining regimes. Moreover, in centralised industries, rent-sharing is found only for workers that are covered by a company agreement. The findings of this paper finally suggest that, within decentralised industries, both firm-specific and industry-wide bargaining generate rent-sharing to the same extent.

Sprache
Englisch

Erschienen in
Series: NBB Working Paper ; No. 152

Klassifikation
Wirtschaft
Wage Level and Structure; Wage Differentials
Trade Unions: Objectives, Structure, and Effects
Thema
Rent-sharing
collective bargaining
propensity score matching.
Tarifverhandlungen
Tarifverhandlungen
Betriebsvereinbarung
Vergleich
Lohnbildung
Rententheorie
Belgien

Ereignis
Geistige Schöpfung
(wer)
Rusinek, Michael
Rycx, François
Ereignis
Veröffentlichung
(wer)
National Bank of Belgium
(wo)
Brussels
(wann)
2008

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Rusinek, Michael
  • Rycx, François
  • National Bank of Belgium

Entstanden

  • 2008

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