Results 221 to 230 of about 5,614,345 (304)

A Quantile Model of Firm Investment

open access: yesInternational Economic Review, EarlyView.
ABSTRACT Are firms risk averse? We propose a dynamic model of firm investment under uncertainty that captures firms' risk attitudes through quantile preferences. The firm maximizes its present value, defined as current profits and investment plus the discounted value of the τ$\tau$‐quantile of its value next period.
Heitor Almeida   +3 more
wiley   +1 more source

Gendered Effects of the Minimum Wage

open access: yesInternational Economic Review, EarlyView.
ABSTRACT Women work disproportionately in low‐hours jobs, which pay lower wages and are more exposed to minimum‐wage policies. We estimate an equilibrium search model with worker and firm heterogeneity, jobs differing in wages and hours, and imperfect compliance. Applied to Germany, the 8.50 € minimum wage reallocates women toward higher‐hours jobs and
Alessandro Di Nola, Haomin Wang
wiley   +1 more source

Contractual Minimum Wages and Collective Bargaining. Italian Evidence From 40 Years of Data

open access: yesIndustrial Relations: A Journal of Economy and Society, EarlyView.
ABSTRACT This study documents the evolution of minimum wages bargained in Italian collective contracts over a 40‐year period (1983–2023). Real minimum wages have grown over the last three decades, particularly among high‐skilled occupations, but the 2022–2023 inflation crisis eroded this growth.
Bernardo Fanfani
wiley   +1 more source

You Can't Always Get What You Want? Collective Bargaining Demands and Outcomes

open access: yesIndustrial Relations: A Journal of Economy and Society, EarlyView.
ABSTRACT Trade union demands are a key input for collective bargaining negotiations (CBNs). However, there is little quantitative evidence on these demands and how they shape CBN outcomes. We digitize novel data on union demands for wages and non‐wage amenities to examine the relationship between demands and outcomes in German CBNs from 1993 to 2019 ...
Carl Gergs   +2 more
wiley   +1 more source

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