haku: @author Wey, C. / yhteensä: 5
viite: 2 / 5
| Tekijä: | Haucap, J. Wey, C. |
| Otsikko: | Unionisation structures and innovation incentives |
| Lehti: | Economic Journal
2004 : MAR, VOL. 114:494, p. C149-C165 |
| Asiasana: | Trade unions Companies Industries Employment Incentives Pay |
| Kieli: | eng |
| Tiivistelmä: | This paper examines how different unionisation structures affect firms' innovation incentives and industry employment. There are three modes of unionisation distinguished with increasing degree of centralisation: 1. 'decentralisation' where wages are determined independently at the firm-level, 2. 'coordination' where one industry union sets individual wages for all firms and 3. 'centralisation' where an industry union sets a uniform wage rate for all firms. While firms' investment incentives are largest under 'centralisation', investment incentives are non-monotone in the degree of centralisation: 'decentralisation' carries higher investment incentives than 'coordination'. Labour market policy can spur innovation by decentralising unionisation structures or through non-discrimination rules. |
SCIMA