Arbeitspapier

Wage cyclicality under different regimes of industrial relations

Since there is scant evidence on the role of industrial relations in wage cyclicality, this paper analyzes the effect of collective wage contracts and of works councils on real wage growth. Using linked employer-employee data for western Germany, we find that works councils affect wage growth only in combination with collective bargaining. Wage adjustments to positive and negative economic shocks are not always symmetric. Only under sectoral bargaining there is a (nearly symmetric) reaction to rising and falling unemployment. In contrast, wage growth in establishments without collective bargaining adjusts only to falling unemployment and is unaffected by rising unemployment.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 5228

Klassifikation
Wirtschaft
Wage Level and Structure; Wage Differentials
Business Fluctuations; Cycles
Labor-Management Relations; Industrial Jurisprudence
Thema
wage cyclicality
wage bargaining
works council
Germany
Reallohn
Konjunktur
Tarifpolitik
Mitbestimmung
Arbeitsbeziehungen
Schätzung
Deutschland

Ereignis
Geistige Schöpfung
(wer)
Gartner, Hermann
Schank, Thorsten
Schnabel, Claus
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2010

Handle
Letzte Aktualisierung
20.09.2024, 08:25 MESZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
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Objekttyp

  • Arbeitspapier

Beteiligte

  • Gartner, Hermann
  • Schank, Thorsten
  • Schnabel, Claus
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2010

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