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
Wage Level and Structure; Wage Differentials
Business Fluctuations; Cycles
Labor-Management Relations; Industrial Jurisprudence
wage bargaining
works council
Germany
Reallohn
Konjunktur
Tarifpolitik
Mitbestimmung
Arbeitsbeziehungen
Schätzung
Deutschland
Schank, Thorsten
Schnabel, Claus
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:25 MESZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Gartner, Hermann
- Schank, Thorsten
- Schnabel, Claus
- Institute for the Study of Labor (IZA)
Entstanden
- 2010