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 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 quasi-rents under centralised contracts, estimates accounting for unobserved individual and establishment heterogeneity point to a coe? cient of zero. Differenced GMM estimates accounting for the endogeneity of our profitability measure even point to a negative relationship under centralised contracts.
- Language
-
Englisch
- Bibliographic citation
-
Series: ZEW Discussion Papers ; No. 05-90
- Classification
-
Wirtschaft
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Trade Unions: Objectives, Structure, and Effects
Wage Level and Structure; Wage Differentials
- Subject
-
Rent-Sharing
Unions
Linked Employer-Employee Data
Lohnbildung
Rentabilität
Lohnverhandlungstheorie
Rententheorie
Tarifpolitik
Schätzung
Deutschland
- Event
-
Geistige Schöpfung
- (who)
-
Gürtzgen, Nicole
- Event
-
Veröffentlichung
- (who)
-
Zentrum für Europäische Wirtschaftsforschung (ZEW)
- (where)
-
Mannheim
- (when)
-
2005
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Gürtzgen, Nicole
- Zentrum für Europäische Wirtschaftsforschung (ZEW)
Time of origin
- 2005