haku: @indexterm BARGAINING / yhteensä: 425
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| Tekijä: | Piccirilli, G. |
| Otsikko: | Job protection, industrial relations, and employment |
| Lehti: | Oxford Economic Papers
2010 : OCT, VOL. 62:4, p. 803-824 |
| Asiasana: | labour markets employment industrial relations bargaining OECD models |
| Kieli: | eng |
| Tiivistelmä: | Using a dynamic stochastic union model, it is shown that firing costs have a small and ambiguous impact on the level of employment if the union precommits to future wages. It is argued that commitment-like equilibria are more likely in bargaining environments (herein as: b-env/s.) featuring social pacts at the aggregate level and cooperative industrial relations. Thus, theoretical results suggest that these traits of the b-env/s. interact with employment protection legislation in a labour markets performance improving manner. There is provided evidence on OECD countries which is consistent with this prediction. |
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