Results 261 to 270 of about 1,024,017 (312)
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Wage Satisfaction and Reference Wages
2021That wage satisfaction depends on reference wage is now an acquis of the empirical happiness literature. Employees care about their coworkers’ wage. They compare to different notions of reference wage and suffer from disadvantageous comparisons, more than they enjoy advantageous ones.
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1999
Structure and objectives macroeconomic impact impact on wages and the wage system theoretical perspectives consensual incomes policy in Australia.
Lim Chong Yah, Rosalind Chew
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Structure and objectives macroeconomic impact impact on wages and the wage system theoretical perspectives consensual incomes policy in Australia.
Lim Chong Yah, Rosalind Chew
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Wage Indexation and Compensating Wage Differentials
The Review of Economics and Statistics, 1986A stractThe theory of wage indexation implies that if workers are more risk averse than firms, then workers will pay a price in order to obtain wage indexation. This prediction is tested on a sample of 3,115 U.S. manufacturing collective bargaining negotiations from 1967 to 1982.
Hendricks, Wallace E, Kahn, Lawrence M
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Efficiency Wages and Local Wage Bargaining
The Scandinavian Journal of Economics, 1996Summary: In the literature on wage drift, it is often argued that strikes or work-to-rule practices are used to force employers to pay a wage rate that exceeds the contract wage. Here, we introduce the efficiency wage argument as a foundation for bargaining about wage drift.
Muysken, Joan, van Veen, Tom
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2020
This chapter begins with a historical review of the federal minimum wage and data about minimum wage. The current federal minimum wage is $7.25 an hour and hasn’t been increased in 10 years. Twenty-nine states have a minimum wage higher than the federal one. An economic analysis of the minimum wage follows with a review of the empirical research.
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This chapter begins with a historical review of the federal minimum wage and data about minimum wage. The current federal minimum wage is $7.25 an hour and hasn’t been increased in 10 years. Twenty-nine states have a minimum wage higher than the federal one. An economic analysis of the minimum wage follows with a review of the empirical research.
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Minimum Wages, Wage Inflation, and the Relative Wage Structure
The Journal of Human Resources, 1982This paper reports an analysis of the effect of changes in legislated minimum wages on negotiated wage increases, using micro data on Canadian labor contracts between 1966 and 1975. The analysis departs from previous studies in that it divides the sample data base into high- and low-wage sectors.
Robert Swidinsky, David A. Wilton
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1987
Women’s average wages are consistently lower than men’s average wages in all countries, even after adjustments for differences in working hours. These lower wages cannot be simply explained by differences in the productivity of women workers, or by the segregation of women into different jobs: they are related to the role of women in the social ...
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Women’s average wages are consistently lower than men’s average wages in all countries, even after adjustments for differences in working hours. These lower wages cannot be simply explained by differences in the productivity of women workers, or by the segregation of women into different jobs: they are related to the role of women in the social ...
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Wage compression, wage drift and wage inflation in Sweden
Labour Economics, 1996In this paper we derive a model for the joint endogeneity of centrally contracted wages and wage drift in which central union attempts to reduce wage dispersion plays a pivotal role. Empirical results demonstrate that union efforts to level wage differentials exerted large positive effects on both centrally negotiated wage changes and wage drift.
Douglas A. Hibbs, Håkan Locking
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The Wage-Wage- . . . -Wage-Profit Relation in A Multisector Bargaining Economy [PDF]
SSRN Electronic Journal, 2004 The equalization of profit rates across industries subject to firm-level bargaining over wages generates an interindustry wage structure with higher wages in capital-intensive sectors. The familiar inverse wage-profit relation gives way to a wage-wage- . . .
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Efficiency wages, staggered wages, and union wage-setting
Oxford Economic Papers, 2014This article studies the role of staggered efficiency wages in a small-scale DSGE model. The simple structure of the model allows for closed-form solutions. The set-up differs from the related literature in that I assume wages are sticky and unions are responsible for wage-setting.
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