Cisc controls and the union/non-union wage ratio

"The Union Wage Effect Re-Examined"

The Union Wage Premium in the US and the UK

This paper presents evidence of both counter-cyclical and secular decline in the union membership wage premium in the US and the UK over the last couple of decades. The premium has fallen for most groups of workers, the main exception being public sector workers in the US. By the beginning of the 21 Century the premium remained substantial in the US but there was no premium for many workers in ...

Nominal Wage Flexibility in a Monetary Union

Membership in a monetary union reduces the possibilities to counteract fluctuations in productivity by monetary policy. One condition for entrance not to lead to adverse unemployment performance is that wages are flexible with respect to productivity. Here I show that, depending on workers’ risk aversion, the incentive for workers to choose more nominal wages flexibility may increase after entr...

Regional Wage Differentiation and Wage Bargaining Systems in the European Union

The theoretical literature has argued that a centralized wage bargaining system may result in low regional wage differentiation and high regional unemployment differentials. The empirical literature has found that centralized wage bargaining leads to lower wage inequality for different skills, industries and population groups, but the evidence on its impact on regional wage differentiation is s...

Union Density and Varieties of Coverage: The Anatomy of Union Wage Effects in Germany

Collective bargaining in Germany takes place at either industry or firm level. As in the majority of OECD countries, collective bargaining coverage is much higher than union density. Not all employees in a covered firm are necessarily covered. This institutional setup suggests to explicitly distinguish union density in a labor market segment, coverage at the firm level, and coverage at the indi...