Organised labour, labour market imperfections, and employer wage premia / Sabien Dobbelaere, Boris Hirsch, Steffen Müller, Georg Neuschäffer
Download2.56 MB
Organised labour, labour market imperfections, and employer wage premia Discovery
1815576685
URN
urn:nbn:de:gbv:3:2-911759
DOI
ISBN
ISSN
Koordinaten
Skalierung
Beiträger
Körperschaft
Erschienen
Halle (Saale), Germany : Halle Institute for Economic Research (IWH) - Member of the Leibniz Association, [2022]
Umfang
1 Online-Ressource (III, 55 Seiten, 2,55 MB)
Ausgabevermerk
Sprache
eng
Anmerkungen
Inhaltliche Zusammenfassung
This paper examines how collective bargaining through unions and workplace codetermination through works councils shape labour market imperfections and how labour market imperfections matter for employer wage premia. Based on representative German plant data for the years 1999–2016, we document that employer monopsony involving below competitive wages is far more prevalent than the contrary worker monopoly. We further find a smaller prevalence and intensity of employer monopsony when unions or works councils are present and the opposite for worker monopoly. Finally, we document a close link between labour market imperfections and employer wage premia. The presence and intensity of employer monopsony are associated with a lower level and larger dispersion of premia, whereas more intense worker monopoly is accompanied by a higher level only.
Schriftenreihe
IWH-Diskussionspapiere ; 2022, no. 20 ppn:837399270