Arbeitspapier
Rent-Sharing and Collective Bargaining Coverage: Evidence from Linked Employer-Employee Data
Using a linked employer-employee data set, this paper analyses the relationship between firm profitability and wages. Particular emphasis is given to the question of whether the sensitivity of wages to firm-specific rents varies with collective bargaining coverage. To address this issue, we distinguish sector-specific wage agreements, firm-specific wage agreements and wage determination without any bargaining coverage. Our findings indicate that individual wages are positively related to firm-specific quasi-rents in the non-union sector and under firm-specific contracts. Industry-wide wage contracts, however, seem to suppress firm-level rent-sharing. While pooled OLS estimates yield a positive correlation between wages and quasirents under centralised contracts, estimates accounting for unobserved individual and establishment heterogeneity point to a coefficient of zero. Finally, GMM estimates using suitable lagged values as instruments indicate that this result appears to be robust to the endogeneity of quasi-rents.
- Sprache
-
Englisch
- Erschienen in
-
Series: ZEW Discussion Papers ; No. 05-90 [rev.]
- Klassifikation
-
Wirtschaft
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Wage Level and Structure; Wage Differentials
Trade Unions: Objectives, Structure, and Effects
- Thema
-
Rent-Sharing
Unions
Linked Employer-Employee Data
Lohnbildung
Rentabilität
Lohnverhandlungstheorie
Rententheorie
Tarifpolitik
Schätzung
Deutschland
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Gürtzgen, Nicole
- Ereignis
-
Veröffentlichung
- (wer)
-
Zentrum für Europäische Wirtschaftsforschung (ZEW)
- (wo)
-
Mannheim
- (wann)
-
2006
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Gürtzgen, Nicole
- Zentrum für Europäische Wirtschaftsforschung (ZEW)
Entstanden
- 2006
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