Collective wage setting when wages are generally binding An antitrust perspective

Antitrust Laws: the Nurse Wages Antitrust Litigation

Bargained wages , wage drift and the design of the wage setting system

European collective bargaining systems have the reputation of imposing rigidity on the labor market, which leads to high unemployment, in particular when compared to the USA system. Portugal is one of the OECD economies with highest wage °exibility and lowest unemployment rate, despite having typically European labor market institutions |collective bargaining sets wages for unionized as well as...

Dynamic wage bargaining if benefits are tied to individual wages

In dynamic wage bargaining models it is usually assumed that individual unemployment benefits are a fraction of the average wage level. In most countries, however, unemployment benefits are instead tied to the previous level of individually earned wages. We show how the analysis has to be modified if this fact is taken into account and compare our findings for the wage-setting curve with outcom...

When Antitrust Met Facebook

Follow this and additional works at: http://scholarship.law.upenn.edu/faculty_scholarship Part of the Antitrust and Trade Regulation Commons, Communication Technology and New Media Commons, Computer Law Commons, Digital Communications and Networking Commons, Internet Law Commons, Law and Economics Commons, Science and Technology Law Commons, Science and Technology Policy Commons, Science and Te...

BANCO DE PORTUGAL Economic Research Department BARGAINED WAGES, WAGE DRIFT AND THE DESIGN OF THE WAGE SETTING SYSTEM

This paper aims at answering the question: How does a typically European bargaining system |with collective bargaining, extension mechanisms and national minimum wage |coexist with low unemployment rate and high wage °exibility? A unique data set on workers, ̄rms and collective bargaining contracts in the Portuguese economy is used to analyze the determinants of both the bargained wage and the ...